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Wednesday, December 25, 2024

Congressman Bean: Defaulting on Our Debt is Not an Option

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Congressman Aaron Bean | Aaron Bean Official Photo

Congressman Aaron Bean | Aaron Bean Official Photo

WASHINGTON—On June 1, 2023, Congressman Aaron Bean (FL-04) released the following statement on the passage of H.R. 3746, the Fiscal Responsibility Act. 

Congressman Bean’s remarks as prepared are included below, or you may watch online here.

“Hello, it’s Congressman Aaron Bean, talking fiscal responsibility. Here we are again, up against another debt ceiling increase, and I’ve heard from so many of you.

“You sent me to Washington to reduce spending and that remains my top priority.

“President Biden refused to negotiate on the debt for 97 days. Now we have just a few options.

“A clean debt ceiling without any spending changes—not an option.

“Defaulting on our debt—no way.

“So, to move forward on spending less than the year before, the Fiscal Responsibility Act…it’s worth exploring.

“This bill isn’t perfect, but it does represent a bold first step in the right direction to get spending under control.

“So, I voted yes on the largest spending reduction in our nation’s history.

"Yes, to clawing back 28 billion dollars in unspent COVID funds.

“Yes, to increasing funding for America’s national security and defense.

“Yes, to enacting work requirements for able-bodied adults on welfare.

“And we are doing all of this without raising taxes.

“There is plenty more to be done and I’m fully committed to the fight. Our work is just beginning. Let’s go get’em.”

The legislation passed the House by a bipartisan vote of 314-116.

Learn more about the bill HERE.

Original source can be found here.

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