Washington, DC – Today, Congressman Mike Conaway (R-TX) issued the following statement as the House of Representatives considered legislation to raise the debt ceiling without any spending cuts or budget reforms. The Obama Administration, along with over 100 Democrats, have called for a vote on such a debt ceiling increase.
"Washington spending is out control and this country is on the path to financial ruin," said Congressman Conaway. "Tonight I voted against President Obama's request for a clean debt limit increase. Washington cannot continue to borrow money without a plan to reduce our growing debt. Our nation faces crushing deficits every year as far into the future as we can predict. Failure to even begin addressing this systemic imbalance is not an option. I will only support an increase in borrowing authority when a credible plan to substantially reduce our annual deficits is offered.”
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