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Monday, May 20, 2024

Rep. Tiffany Statement on Biden-McCarthy Debt Ceiling Deal

Thomas tiffany

Congressman Thomas Tiffany | Rep. Thomas Tiffany Official U.S. House headshot

Congressman Thomas Tiffany | Rep. Thomas Tiffany Official U.S. House headshot

WASHINGTON, DC – Congressman Tom Tiffany (WI-07) released the following statement after voting no on the $4 trillion debt limit increase for President Biden.

“Over a month ago, House Republicans passed the Limit, Save, Grow Act to avoid a default and chart a responsible fiscal future for our nation, but President Biden’s latest debt ceiling gimmick will send the United States over another fiscal cliff,” said Congressman Tiffany. “The latest debt limit deal is a missed opportunity that adds $4 trillion to our national debt, keeps $1.2 trillion in unreliable green energy giveaways, and forces 87% of hardworking Americans without federal student loan debt to pay for those that do.” 

“Congress cannot keep mortgaging the future of our children and grandchildren. Wisconsinites sent me to Congress to shrink Washington and grow the American economy, and this bill failed to meet the moment,” Tiffany concluded

You can find a comparison of H.R. 2811, the Limit, Save, Grow Act vs. H.R. 3746, the Biden-McCarthy debt ceiling deal here.

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Issues: Congress Economy

Original source can be found here.

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