Toomey Opposes Debt Ceiling Increase

Source: United States Senator for Pennsylvania Pat Toomey

Washington, D.C. – U.S. Senator Pat Toomey (R-Pa.) released the following statement after voting against increasing the debt ceiling.
“When I arrived to the Senate in 2011, the then Obama Administration and members of Congress engaged in an actual debate on our country’s unsustainable rate of spending and enacted some modest, but meaningful reforms. At that time, the national debt was approaching $15 trillion.
“Today, as we approach $30 trillion—a modern record in debt in both absolute numbers and as a percentage of our economy—the only debate the Biden Administration and Congressional Democrats are willing to engage in is how much worse to make it.
“This increase of the debt limit by $2.5 trillion, inflated by hundreds of billions to cover the partisan March package and the next proposed liberal wish list, will likely be the last of my Congressional career.
“From my first day in Congress to today, I am steadfast in my belief that raising the debt ceiling is only a reasonable option when coupled with reforms, and today’s vote is just another disappointing chapter in Congress’ refusal to acknowledge the reality of the significant problem we are leaving future generations.”
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