EC Georgia News

On April 21, 2023, House Republicans passed the Limit, Save, Grow Act of 2023 – a sensible solution to raise the debt ceiling into the next year and avoid defaulting on our debt for the first time in U.S. history.

 After supporting the measure on the House floor, Congressman Rick W. Allen (GA-12) issued the following statement: “This Administration and Washington Democrats’ excessive spending spree has increased our national debt to unsustainable levels, and we owe it to the American people to act immediately. Its passage of the Limit, Save, Grow Act shows the American people that House Republicans are working to avoid a default on our debt while President Biden continues to do nothing.“Our sensible approach would rein in reckless federal spending that has caused inflation to skyrocket, save taxpayers nearly five trillion dollars over the next ten years, and strengthen the U.S. economy and workforce. While President Biden remains on the sidelines—despite Members of his own party encouraging him to return to the negotiating table—House Republicans are hard at work on behalf of the American people. Our national debt is one of the greatest threats facing future generations, and I thank Speaker McCarthy for bringing a fiscally responsible bill to the House floor that addresses the root of the problem: Democrats’ wasteful spending.”

Original source can be found here.