[Congressional Record Volume 169, Number 71 (Thursday, April 27, 2023)]
[House]
[Page H2070]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
DEBT CEILING CONCERNS
(Mr. NICKEL asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. NICKEL. Mr. Speaker, just over a week ago, I spoke on the House
floor in support of a bipartisan debt ceiling framework proposed by the
Problem Solvers Caucus.
Unfortunately, rather than taking up this framework, or one that can
actually get signed into law, the majority advanced a partisan
framework that will leave working families, seniors, and veterans
behind.
According to the Joint Economic Committee, this partisan proposal
could slash education funding for 143,000 students, cut funding for
44,000 veterans, jeopardize 17,000 families living below the poverty
level, threaten housing access for 35,000, roll back investments in the
Triangle's new, innovative technologies that support good-paying jobs.
That is just in North Carolina's 13th Congressional District alone.
I support fiscal responsibility, but this proposal is anything but
responsible.
Mr. Speaker, I implore my colleagues on both sides of the aisle to
come to the table in good faith because the stakes are too high. Let's
have a reasonable and responsible conversation to avoid defaulting on
the debt.
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