This bill addresses three important issues, while ushering in over $4.8 trillion in savings and pro-growth reforms:
- Debt Default: It raises the debt limit in order to dodge a default on the debt.
- Inflation: It addresses inflation by reducing spending to pre-COVID levels
- Growth: It addresses the sluggish economy by implementing reforms and repealing restrictive economic regulations
>>>Read more about the details of the bill HERE
Its passage demonstrates that conservatives can take strong positions on behalf of the people.
In a statement from Heritage Action Executive Director, Jessica Anderson she writes:
“To avoid a default, greater inflation, and more economic chaos, the Senate must immediately bring up this spending reform package in its current form. Majority Leader Schumer and Senate Democrats must put the financial future and well-being of our country ahead of their own political priorities and aspirations”
Biden and the Democrats have offered nothing. Only House Republicans have offered and passed a solution to the economic and financial problems we face: debt, spending, and inflation. It’s time for Majority Leader Schumer and Senate Democrats to do what is right for Americans by scheduling a vote to pass the Limit, Save, Grow Act as it is written.