Political Quotes

On the recordJune 14, 2023
The number one responsibility of the House of Representatives is to secure and protect the fiscal stability of the United States of America. What that means is we are protecting and ensuring our ability to meet our obligations, to fund our government, and when necessary, to borrow to meet those needs in extenuating circumstances. We just came through a debt ceiling battle where the debt ceiling was raised unconditionally through January of 2025, and there was the scary narrative that was used that we were facing some kind of a national default if we didn't raise the debt ceiling. However, there was not going to be any default because there is more than enough revenue coming in to meet the approximately $70 billion a month that it takes to pay the interest on the Nation's debt, to service our debts, and to prevent an actual default. However, if we do not make true reforms and cuts in spending, we will surely have a national default in the near future. Madam Speaker, it is incumbent upon us that we use the upcoming budgetary process, the appropriations process, to cut our spending and put us on a path to fiscal responsibility.…
Said by
Bob Good
Republican · Virginia
Source
govinfo.gov
Jun 14, 2023

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