Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

Republican Rep. Rosendale to vote against $4 trillion debt ceiling deal: ‘Insult to the American people’

by May 29, 2023
May 29, 2023
Republican Rep. Rosendale to vote against $4 trillion debt ceiling deal: ‘Insult to the American people’

Rep. Matt Rosendale, a Republican from Montana, released a statement Sunday evening signaling he would vote against the ‘Fiscal Responsibility Act,’ the debt ceiling deal released to the public earlier in the day by House Speaker Kevin McCarthy, R-Calif. 

Rosendale said the proposal, which he called the ‘Fiscal Irresponsibility Act,’ failed to rein in federal spending. He also said lawmakers who support the bill are insulting the American people.

‘The D.C. Swamp has proposed the largest debt ceiling increase in our nation’s history, adding $4 trillion to the existing $31 trillion national debt,’ said Rosendale. ‘The Fiscal Irresponsibility Act fails to cut spending and continues to fund the Democrats’ and Biden Administration’s radical agenda.’ 

He added: ‘It is frankly an insult to the American people to support a piece of legislation that continues to put our country’s financial future at risk. Montanans did not send me to Washington to support business as usual, which is why I will be voting AGAINST the Fiscal Irresponsibility Act.’

BIDEN, MCCARTHY REACH DEBT CEILING DEAL TO AVOID DEFAULT: HERE’S WHAT’S IN ITt

The House released the 99-page deal in its entirety Sunday evening.

READ THE TEXT HERE:

Rosendale’s office said in a statement that the lawmaker voted in favor of the initial Republican debt ceiling proposal, the ‘Limit, Save, Grow Act,’ which passed the House of Representatives on April 26.

Rosendale said the initial Republican-supported bill was written to ‘create economic growth while minimizing the damaging inflationary consequences of reckless spending.’

He also joined his Republican colleagues in writing a letter to McCarthy urging core elements of the bill are kept in place amid negotiations with President Biden on a new deal.

‘The United States is $31 trillion in debt – the House Republican plan is a great start to addressing this crisis,’ Rosendale said in April after HR 2811 passed the House. ‘For far too long, Congress has been kicking the can down the road and allowing deficit spending to spiral out of control.’

‘This comprehensive plan will fund the federal government responsibly and remove barriers to growing the economy while protecting Social Security, Medicare, and veterans’ benefits. The spending habits of Washington politicians and bureaucrats must change to secure our nation’s financial future,’ he added at the time.

‘We must shrink Washington to grow America,’ Rosendale concluded.

Rosendale is the first House Republican to openly say he will vote against the ‘Fiscal Responsibility Act.’ Republican Rep. Lauren Boebert, of Colorado, has also expressed some dissatisfaction with the bill.

The House will vote on the debt ceiling deal on Wednesday – giving members time to read the bill and the Senate time to consider it before June 5, which is the date Treasury Secretary Janet Yellen said the U.S. could default on its debt obligations.

Fox News’ Chad Pergram contributed to this report.

<!–>

This post appeared first on FOX NEWS
–>
0
FacebookTwitterGoogle +Pinterest
previous post
Republicans secure massive gas pipeline approval in debt ceiling deal
next post
Memorial Day requires reflection and reverence for those who laid down their lives for freedom: lawmakers

You may also like

CDC seems to defy Trump executive order by...

February 26, 2025

Judge Cannon Rules in Favor of Trump, Rejects...

September 29, 2022

Ohio abortion measure would end parental consent for...

March 16, 2023

Former Supreme Court Justice David Souter dead at...

May 9, 2025

Trump-Hater British Comedian James Corden Banned at NYC...

October 18, 2022

Hakeem Jeffries blames Trump for Newark Airport chaos,...

May 5, 2025

World leaders back Zelenskyy following Trump, Vance Oval...

March 1, 2025

2024 Watch: Trump to hold first public campaign...

January 12, 2023

Who is David Weiss? Hunter Biden prosecutor comes...

July 11, 2023

Trump seeks to delay federal election case until...

August 18, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Biden only hand-signed one pardon during final spree, and it was his most controversial one

      June 5, 2025
    • GOP bill takes aim at Congress’ ‘no rules apply’ emergency spending

      June 5, 2025
    • White House highlights Pelosi hypocrisy after Schiff demands Trump admin financial, ethics docs

      June 5, 2025
    • Musk says Trump would have lost 2024 election without him as ‘Big, Beautiful Bill’ feud continues

      June 5, 2025
    • Ex-Biden advisor calls Jean-Pierre ‘kinda dumb,’ deletes tweet, says she’s not a ‘genius-level Black woman’

      June 5, 2025
    • Harmony Squad: Supreme Court Issues Six Unanimous Decisions

      June 5, 2025

    Categories

    • Business (8,149)
    • Investing (2,011)
    • Politics (15,538)
    • Stocks (3,128)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved