[Congressional Record Volume 169, Number 87 (Tuesday, May 23, 2023)]
[House]
[Page H2511]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




             DEMOCRATS RESPONSIBLE FOR DEBT CEILING CRISIS

  (Mrs. BICE asked and was given permission to address the House for 1 
minute.)
  Mrs. BICE. Madam Speaker, I rise today to stress the importance of 
passing pragmatic legislation to address the debt ceiling.
  During this 1-minute speech, the national debt will increase by $1.5 
million or roughly $25,000 per second. Over the last 12 years, the U.S. 
Government has more than doubled our national debt, reaching $31 
trillion.
  It is clear to everyone that Washington has a spending problem, not a 
revenue problem.
  This is why we passed the Limit, Save, Grow Act. The legislation is a 
responsible approach which would raise the debt ceiling while saving 
taxpayers $4.8 trillion over 10 years.
  I am astounded that President Biden and the Senate Democrats are 
willing to hold our economy hostage. The facts don't lie. House 
Republicans have done our job, and Speaker McCarthy has negotiated in 
good faith. Meanwhile, for over 100 days, this administration and 
Senate Democrats have done nothing.
  Let me be clear, if we default, it is because of their inaction. It 
is past time for President Biden and Senator Schumer to do their jobs.

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