Senate Republicans vow to oppose debt limit increase unless Congress commits to spending cuts
(Worthy News) – A group of two dozen Senate Republicans have signed a letter vowing to oppose any increase in the nation’s debt limit unless Congress agrees to spending cuts to help pay down the national debt.
“We, the undersigned members of the Senate Republican Conference, write to express our outright opposition to a debt-ceiling hike without real structural spending reform that reduces deficit spending and brings fiscal sanity back to Washington,” the group, lead by Utah GOP Sen. Mike Lee, wrote to President Joe Biden.
“Our nation’s fiscal policy is a disaster,” they continued. “Our country owes $31 trillion, a level of debt that now well exceeds the size of our economy. Inflation is making life more expensive for American families every single day.”
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