Washington, D.C. – Congresswoman Elise Stefanik voted against Democrats’ effort to raise the nation’s debt ceiling by $2.5 trillion.
“Democrats’ out-of-control spending has already led to historic inflation, which is a tax on every American. Instead of working for solutions to this problem, Democrats are asking for permission to increase our debt while they continue to spend trillions more, leaving our future generations to foot the bill for Democrats’ radical agenda. Democrats control the White House and both chambers of Congress, if they want to raise the debt limit to fund their own reckless spending, they will have to do it themselves. I refuse to fuel their economic crisis even more.”
Last Friday, the nonpartisan Congressional Budget office released a report on the true cost of President Biden’s “Build Back Better” Act, which would cost Americans $4.9 trillion and add over $3 trillion to the national debt.
In August, Stefanik joined over 100 of her Republican colleagues in writing a letter opposing increasing the debt ceiling.