House Republicans want to strengthen the American economy, protect American families, and save taxpayers over $4.5 trillion over the next 10 years.
After two years of out-of-control government spending by Joe Biden and extreme Democrats, the United States debt has increased to $31 trillion. That's more than the entire U.S. economy.
House Republicans outlined our plan to vote on a bill next week to lift the debt ceiling into next year, save taxpayers over $1 trillion in the first year and over $4.5 trillion over the next 10 years, make us less dependent on Communist China, and curb high inflation—all while protecting Social Security and Medicare benefits for seniors.
The American people have elected a divided government. And our government is designed to find compromise. That's why the House, the Senate, and the White House should be negotiating a responsible debt limit increase right now. But the President refuses to come to the table and negotiate.
House Republicans plan to vote on the first version of this package next week, and I wanted to lay out what is in the bill.
1) LIMIT FEDERAL SPENDING: - End the Era of Reckless Washington Spending
- Reckless Washington spending has caused record inflation, rising interest rates, supply chain shortages, and instability in the banking system. Our plan would establish spending levels for FY24 at FY22 levels–where the government was operating just 4 short months ago–and allow for 1% annual growth over the next 10 years.
- SAVINGS: Approximately $3.6 trillion
2) SAVE TAXPAYER DOLLARS: - Reclaim Unspent COVID Funds
- Thanks to House Republicans, the pandemic is now officially over. If so-called “COVID” funding has sat dormant for over two years, clearly it no longer needs to be spent and should be rescinded without delay.
- SAVINGS: Approximately $50-60 billion
- Defund Biden’s IRS Army
- As House Republicans did on Day 1 of our majority, we will fight for hard-working Americans by eliminating funding for the 87,000 new IRS agents charged with shaking down families and small businesses.
- SAVINGS: Approximately $71 billion
- Repeal “Green New Deal” Tax Credits
- President Biden’s uncapped green energy tax credits and subsidies represent a massive corporate giveaway–including for wealthy Americans who can already afford expensive electric vehicles–that will distort the market and cause energy and utility prices to soar for everyday consumers.
- SAVINGS: Approximately $271 billion - $1.2 trillion
- Prohibit Biden’s Student Loan Giveaway to the Wealthy
- President Biden’s egregious executive action would direct 70% of the benefit to those in the top half of the income spectrum–while forcing the 87% of adults without student loans to pay for the 13% who do.
- SAVINGS: Approximately $465 billion
3) GROW THE ECONOMY: - Strengthen the Workforce and Reduce Childhood Poverty
- Right now, there are more job openings than people looking for work, in part because the Biden Administration has weakened some of the very work requirements that then-Senator Biden previously supported. By restoring these commonsense measures to assistance programs, we can help more Americans earn a paycheck, learn new skills, and reduce childhood poverty.
- SAVINGS: Approximately $110-$120 billion
- Prevent Executive Overreach and Restore Article I
- The REINS Act would help Congress block efforts by Presidents of both parties to spend money outside of the normal process and impose massive new costs on the American people, which President Biden has abused to the tune of $1.5 trillion in unilateral executive actions.
- Lower Energy Costs and Utilities
- House Republicans’ H.R. 1 would unleash reliable, cleaner American-made energy, tap our abundant natural resources, cut red tape for project permitting, reduce our dependence on China and foreign adversaries, and lower the cost of gas and utilities.
4) A RESPONSIBLE DEBT LIMIT INCREASE - In exchange for these pro-growth and cost-saving policies, the debt limit would be responsibly lifted through March 31, 2024 or by $1.5 trillion–whichever occurs sooner–and be transmitted to the ever-so-robust legislative agenda of the United States Senate.
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Do you support House Republicans plan to address the debt crisis?
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I started my week in DC at a Science, Space, and Technology hearing on establishing an independent National Oceanic and Atmospheric Administration to enable them to be a modern, flexible government agency that provides accurate, timely, and impactful services to Americans. I also had a subcommittee hearing on the Energy and Commerce Committee to discuss American leadership in nuclear energy and nuclear Technology. Nuclear energy is clean, safe, and reliable. Going forward, it must be a significant component of America's energy profile, and to make that happen, we need to invest in nuclear energy. Later in the week, the Communication and Technology Subcommittee had a hearing on solutions to lift permitting burdens on broadband. During the week, I had the privilege of meeting with the site managers in Beaumont, Port Arthur, and Freeport from BASF, the President of CenterPoint Energy, and folks from NRG Energy.
This week, House Republicans passed the Protection of Women and Girls in Sports Act, which would bar biological men from competing in school athletic programs that are for women and girls. We must not sacrifice the opportunities of women to the whims of a radical, woke agenda.
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This week, I sent a letter to the Food and Drug Administration’s (FDA) Division of Rare Disease and Medical Genetics (DRDMG) to urge the FDA to reconsider clinical trial designs within the population of certain fatal heterogeneous degenerative diseases so that patients do not have to choose between medication that is slowing the progress of their disease and participating in FDA trials.
Children shouldn’t have to choose between medication and participating in FDA trials. These children don’t have years to wait for treatment; instead, we should do everything we can to allow them a chance to fight this battle.
Watch the video to find out more on why I sent the letter.
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- H.R. 537 - Forgotten Heroes of the Holocaust Congressional Gold Medal Act
- H.R. 2580 - Ensuring United Families at the Border Act
- H.J.Res. 46 - Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the National Marine Fisheries Service relating to "Endangered and Threatened Wildlife and Plants; Regulations for Listing Endangered and Threatened Species and Designating Critical Habitat".
- H.R. 2737 - To require the President to suspend the entry of aliens into the United States when the average number of "encounters" exceeds a certain number, and for other purposes.
- H.R. 2739 - To amend the National Quantum Initiative Act to establish a public-private partnership for near-term quantum application development and acceleration, and for other purposes.
- H.R. 2754 - To designate the facility of the United States Postal Service located at 2395 East Del Mar Boulevard in Laredo, Texas, as the "Lance Corporal David Lee Espinoza, Lance Corporal Juan Rodrigo Rodriguez & Sergeant Roberto Arizola Jr. Post Office Building".
- H.R. 2776 - To abolish the Advisory Committee on Racial Equity of the Department of the Treasury.
- H.R. 2781 - To provide for the withdrawal of the United States from the United Nations Framework Convention on Climate Change, and for other purposes.
- H.R. 2700 - To reform the labor laws of the United States, and for other purposes.
- H.R. 2721 - To amend the Ukraine Democracy Defense Lend-Lease Act of 2022 to remove certain exclusions provided for under that Act.
- H.J.Res. 45 - Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to "Waivers and Modifications of Federal Student Loans".
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It is a privilege to represent our district in Congress. While we’ve faced many challenges in recent years, through strength and prayer, we have persevered.
Please know that we are always a resource for you. Call or stop by any of the offices (YOUR offices, we work for you), whenever you need assistance or want to talk about an issue before Congress.
For assistance or more information, please call or go online to visit us at weber.house.gov.
God Bless you and God Bless Texas!
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Sincerely,
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Randy K. Weber
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