[Congressional Record Volume 159, Number 8 (Wednesday, January 23, 2013)]
[House]
[Pages H226-H227]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                           NO BUDGET, NO PAY

  (Mr. McCLINTOCK asked and was given permission to address the House 
for 1 minute.)
  Mr. McCLINTOCK. Mr. Speaker, the House is poised to pass H.R. 325 
today. I respect the sincerity of its supporters, but I must firmly 
dissent.
  This bill accommodates spending at ruinous levels far beyond the 
limits set by the House budget. It sets a terrible precedent by 
abolishing the debt limit for nearly 4 months, giving an unlimited 
credit card to this administration. I think Members will be stunned by 
the borrowing that this moratorium makes possible. Certainly, thousands 
of dollars of new debt will be heaped on every household in America.
  House Republicans have passed two budget plans that put our Nation 
back on a path toward fiscal solvency. If the debt limit were increased 
within that trajectory at 2-month intervals, it would require only 
small and incremental reforms each time. That would both avert default 
now and the fiscal crisis that we are fast approaching. I believe that 
it is achievable and far preferable to the bill to be voted on today.

[[Page H227]]



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