Cruz: I Intend to Object to Any Effort to Raise the Debt Ceiling with a Simple Majority Vote
February 11, 2014
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(202) 228-7561
"If you ask anybody outside of Washington
whether we should keep increasing the debt ceiling without fixing the
underlying problem of out-of-control spending, the answer is ‘of course
not.’ This answer cuts across party lines and ideology—outside the
Beltway, Republicans, Democrats, Independents, and Libertarians all
agree that living within your means is basic common sense. And yet
Washington is not listening to the American people.
“Under President Obama, our national debt
has increased from $10 trillion to $17 trillion, and now the President
is asking for yet another blank check to keep increasing our debt
without doing anything to reform Washington’s spending problem. This is
wrong, and it’s irresponsible. Our parents didn’t do this to us, and
we shouldn’t do it to our kids and grandkids.
“Historically, the debt ceiling has
proven the most effective leverage for reining in spending; 28 times,
Congress has attached meaningful conditions to debt ceiling increases.
We should do so again to address the real problem. I intend to object
to any effort to raise the debt ceiling on a 50-vote threshold. I will
insist instead on a 60-vote threshold, and if Republicans stand together
we can demand meaningful spending restraint to help pull our nation
back from the fiscal and economic cliff.”
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