LLPH highly commends two excellent Senators Mike Crapo and Jim Risch of Idaho for opposing this debt ceiling increase that did not include spending cuts. We warn all members of Congress that any future increases without spending cuts (even with nice components like “no budget, no pay”) will be considered a violation of LLPH principles. We did not score this vote, but future votes like this one will be scored negatively if spending cuts are not included.
Here is the statement made by the Idaho Senators:
Washington, D.C. – Idaho Senators Mike Crapo and Jim Risch today voted against suspending the debt limit for three months. The full Senate passed H.R. 325, which suspends the borrowing limit of $16.4 trillion until May 19, on a 64-34 vote.
Senators Crapo and Risch issued the following joint statement after the vote:
“Budget agreements in the last Congress set the precedent that any increase in the debt ceiling should be equally matched with spending cuts. An amendment offered by our colleague, Senator Rob Portman (R-OH), would have done just that, but unfortunately was defeated. Therefore, we could not support this legislation. Washington must practice financial restraint and get our spending problem under control.”
LLPH thanks Senators Crapo and Risch and encourage them to continue fighting for fiscal sanity.
Here is the link to their press release: http://www.crapo.senate.gov/media/newsreleases/release_full.cfm?id=339512