Friday, May 17, 2024

Kennedy votes against Biden’s debt deal

by BIZ Magazine

WASHINGTON – Sen. John Kennedy (R-La.) released the following statement upon voting against continuing Washington’s pattern of extreme spending and debt accumulation:

“Speaker McCarthy and House Republicans did an extraordinary job of getting President Biden to the table, and I thank them for their hard work. However, I voted against this bill because it would normalize and institutionalize the emergency spending that Congress had to provide during the pandemic. 

“Before the pandemic, the federal government was spending $4.3 trillion per year. In 2023, it will spend $6.3 trillion—that’s a 45 percent increase since the pandemic. This bill also allows debt to rise by $4 trillion over the next two years alone. 

“Our economy can’t afford to make that the standard going forward. America has to move forward, not sink deeper into debt and grow more addicted to reckless spending sprees.”

You may also like

-
00:00
00:00
Update Required Flash plugin
-
00:00
00:00