Cornyn Votes Against Raising Debt Ceiling for Democrats’ Reckless Spending
I released the following statement after recently voting against raising the debt ceiling, which would allow for an additional $480 billion in borrowing as Senate Democrats attempt to pass a reckless, tax-and-spend social welfare bill:
Last July, Senator McConnell told our Democratic colleagues that as long as you're going to continue to spend money in a purely partisan way, you're going to have to raise the debt ceiling on your own. Of course, they waited until the very last moment to do it.
Our Democratic colleagues want to continue spending more money, which they know that somebody is going to have to pay back at some time, without any plan or acknowledgment of their responsibility for increasing the debt.
As part of the accountability that should go along with borrowing these huge sums of money and raising the debt limit, there needs to be a number stated.
Our Democratic colleagues need to understand that they are ultimately going to have to bear responsibility for all this additional debt and spending.