On the recordJanuary 25, 2023
Mr. President, I came to the floor to talk about the border one more time, but I was intrigued by the rhetorical questions my friend from Illinois has asked the Speaker. I have got a question for President Biden: When you say that you are not going to negotiate on the debt ceiling, does that mean that the Federal Government is going to continue to rack up more and more debt on top of the $30 trillion that we already owe, particularly during inflationary times when interest rates on that debt basically are eating up more and more of our discretionary budget? To me, if the answer is yes, I am going to refuse to negotiate as we continue to rack up more and more debt, about two-thirds of which is on autopilot, as the Presiding Officer knows--it is mandatory spending. That is a supremely irresponsible position to take. President Biden, when he was in the Senate, was known as a dealmaker, and as I said yesterday, during 2011, he negotiated with Senator McConnell the Budget Control Act, which was probably the most recent response, sort of a mixed bag as it was, to try to control Federal spending. It was a noble effort, although it did not succeed. So I know our friends on the Democratic side would like to sort of add to Mr. McCarthy's challenges.…





