I voted against the Full Faith and Credit Act today because it is a stealth debt limit increase.
While I could support the idea of debt prioritization, this bill does not do that.
The original prioritization language was gutted in committee and replaced with language allowing the federal government to continue the status quo of irresponsible spending.
By exempting interest payments and many principal rollovers from the debt limit, this bill now permits, and even incentivizes, the government to continue issuing trillions of dollars of new debt.
Instead of helping to bring the national debt under control, passage of this bill will only make a bad problem worse.
Rep. Massie Brilliantly Explains Why the Full Faith and Credit Act Raises the Debt Ceiling!