[Congressional Record Volume 169, Number 89 (Thursday, May 25, 2023)]
[House]
[Page H2619]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
DEBT CEILING CRISIS
(Mr. RASKIN asked and was given permission to address the House for 1
minute.)
Mr. RASKIN. Madam Speaker, the 14th Amendment to the U.S.
Constitution says that the validity of the public debt shall not be
questioned.
We made a commitment to every Social Security recipient in America,
to Medicare and Medicaid recipients, to the veterans, to the
bondholders of the United States, that we would pay our debts, as we
are fiscally, morally, politically, and constitutionally required to
do.
Yet, Donald Trump has issued the order. He said it is inevitable,
default on the debt of the United States for the first time in American
history, crash the economy, lose 9 or 10 million jobs.
Now, in the words of Florida Representative Matt Gaetz, who appears
not to be here right now: The GOP will not negotiate with their
hostage.
Who is the hostage?
The American people are the hostage. Our government is hostage. The
Constitution is hostage.
I introduce to the MAGA Republicans who have split today, but who
increased the debt ceiling three times under Donald Trump, who gave us
a quarter of all the debt of the United States between George
Washington and Joe Biden, I introduce them to the Constitution of the
United States: The validity of the public debt shall not be questioned.
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