Yellowhammer Times

Washington, D.C., June 1, 2023 – U.S. Senator Katie Britt (R-Ala.), a member of the Senate Committee on Appropriations, tonight voted against H.R. 3746, the legislation that would suspend the country’s debt ceiling through January 1, 2025.

The debt ceiling sets the amount of money that the U.S. Department of the Treasury is legally allowed to borrow to pay the country’s financial obligations. H.R. 3746 will entirely suspend the debt ceiling with no set monetary limit, among other provisions. The national debt is currently more than $31.8 trillion.

“The United States currently has a national debt of nearly $32 trillion, and it is rapidly rising with each passing minute,” said Senator Britt. “It’s clear that if we don’t change our dire financial trajectory, it will make the American Dream unattainable for our children and our children’s children. This issue is not only a question of our country’s economic security, but our moral obligations to future generations. Decisive action and tough decisions are needed to finally get control of wasteful government spending and put America’s fiscal house in order. While I appreciate the diligence of Speaker McCarthy in attempting to make the best out of the crisis scenario caused by months of President Biden refusing to even have a conversation about this issue, we must do more.

 While President Biden refused to negotiate on the debt ceiling for months, Senator Britt joined Senator Rick Scott (R-Fla.) and eight Republican colleagues to introduce the Full Faith and Credit Act, legislation that would ensure that the federal government avoids default and prioritizes meeting America’s obligations to our military, veterans, and seniors after reaching the debt ceiling.

During debate of H.R. 3746 on the Senate floor, Senator Britt supported several efforts to improve the legislation in a fiscally responsible manner, however all of these amendments were defeated by Senate Democrats.

Original source can be found here.