On the recordMay 8, 2013
One of the Members of Congress that I spoke about that not only brought pieces of this legislation to the Ways and Means Committee but really as part of the debate for our conference and to the American people is our next speaker. I yield 5 minutes to the gentleman from Elk Grove, California (Mr. McClintock). Mr. McCLINTOCK. I thank the gentleman for yielding. Mr. Speaker, I rise in support of this rule to bring the Full Faith and Credit Act to the House floor. I had hoped that amidst all the controversies gripping this Congress that certainly we should at least be able to agree that the full faith and credit of the United States Government should not hang in the balance every time there's a fiscal debate in Washington. Unfortunately, even so commonsense a proposition as this cannot produce a consensus in today's Congress. This bill simply guarantees the debt of the United States. No matter what political storms are raging in Washington, the public credit must be maintained. Yet this President and his followers--who have taken our Nation on the biggest borrowing binge in its history, who have run up more debt than almost all of his predecessors put together--oppose this commonsense attempt to assure credit markets that whatever else happens in Washington, their loans to this government are absolutely safe. You know, most States have had similar provisions in their laws or constitutions guaranteeing their debt for generations.…
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