Iowa Congressman Tom Latham renewed his call for Washington to live within its means on Wednesday, a day after voting against a Democrat inspired measure to increase the nation’s debt limit by another $2.4 trillion.
The U.S. House of Representatives voted down legislation Tuesday evening that would have given the government permission to expand the national debt to as much as $16.7 trillion. House Majority Leader Eric Cantor (R-VA) cleared the measure for an up or down vote following the request to House Democratic leadership by 114 of their members in an April 15th letter to “establish a Democratic position in favor of a clean extension of the debt ceiling” when a vote was taken in the House. President Obama also called for a “clean” vote on the debt limit rather that tying it to spending or deficit reduction measures. Congressman Latham called such an increase in the nation’s debt ceiling irresponsible.
“Iowans know that when you max out your credit card, the most irresponsible thing you can do is borrow even more money,” Congressman Latham said. “We can’t keep giving Washington permission in the form of a blank check to continue to spend beyond its means. Raising the debt limit without enacting real common sense spending reforms is a perfect example of what’s wrong with Washington.”
Congressman Latham said increasing the legislation to increase the debt ceiling would create even more economic uncertainty for families and small businesses. Before a long-term economic recovery can set in, Washington must get serious about fiscal responsibility, he said.
“The House of Representatives sent a clear message that we’re committed to giving job creators the certainty they need to plan for the future and begin hiring again,” Congressman Latham said. “If the bill voted down Tuesday night were to become law, Congress would send a completely different message to the American people. Passage of that bill would have forced our children and grandchildren to deal with the disastrous consequences of continued borrowing, spending and taxing. I’m glad the House made the sensible decision.”
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