In The News
Debt Ceiling Negotiations:
House Republicans are committed to reining in inflation and ending the reckless government spending that is increasing our debt and deficit. To do this, House Republicans recently passed the Limit, Save, and Grow Act which returns FY24 spending, except for military and Veterans Affairs, to pre-pandemic spending levels.
Targeting the most wasteful spending in our government, the Limit, Save, and Grow Act will:
- Reclaim nearly $50-80 billion in unspent COVID funds.
- Defund Joe Biden’s army of new IRS agents-- saving approximately $71 billion.
- Repeal “Green New Deal” tax credits --saving approximately $271 billion-$1.2 trillion.
- Nullify Joe Biden’s student loan giveaway to the wealthy-- saving approximately $465 billion.
Ever since debt ceiling negotiations began, Republicans have been clear that we will cut wasteful government spending while fully funding and supporting our veterans and military. Republicans are committed to fiscal reforms, and it is time for the President to come to the negotiating table.
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