Dear Friends,
After failing to negotiate for the last 100 days, President Biden has returned from Japan and is so far refusing to discuss spending reductions in any meaningful way, with our nation's debt limit deadline now only nine days away! House Republicans remain the only ones in Washington with a solution to the crisis. Our bill, the Limit, Save, Grow Act, would reduce our nation’s deficit by $4.8 trillion over the next 10 years while ensuring the federal government is more fiscally responsible. This critically important bill would limit federal spending through discretionary spending limits and save taxpayer dollars by rescinding unspent COVID funds, prohibiting unfair student loan giveaways, expanding work requirements for childless – and able-bodied adults, and repealing market-distorting green tax hand-outs to billion-dollar corporations.
Overall, the Limit, Save, Grow Act would grow the economy through common-sense reforms, bring more accountability to the federal regulatory process, and unleash American energy dominance. It’s long past time for this administration to prove whether it has any interest in addressing the reckless spending that got us into this mess in the first place. |
Rep. Ferguson to Newsmax: House GOP, the Only Votes to Raise Debt Limit By Nick Koutsobinas | May 22, 2023
Member of the House Budget Committee Rep. Drew Ferguson, R-Ga., highlighted to Newsmax on Monday that Republicans in the House are the only ones who voted to raise the debt ceiling to avoid a default.
While speaking with "American Agenda," Ferguson said that he believes an agreement on debt ceiling negotiations will be reached, but so far, "I think that it's important to point out that Republicans in the House are the only group in [washington] D.C. that have actually voted to raise the debt limit."
In April, the House passed a bill to raise the debt ceiling and, at the same time, reduce the budgetary deficit by $4.8 trillion over a ten-year period, according to the Congressional Budget Office. The legislation in question is referred to as the "Limit, Save, Grow Act of 2023."
Ferguson went on to say that the Senate and President Joe Biden need to act swiftly and "get off their schneid" and act.
On Sunday, while speaking at the G7 summit in Hiroshima, Japan, Biden said that "it's time" for House Republicans "to move from their extreme positions because much of what they've already proposed is simply, quite frankly, unacceptable."
"I'm not going to agree to a deal that protects, for example, a $30 billion tax break for the oil industry, which made $200 billion last year," the president added. "They don't need an incentive of another $30 billion while putting [the] healthcare of 21 million Americans at risk by going after Medicaid."
Click here or the image below to watch the interview. |
Last week, the Joint Economic Committee – a bipartisan, bicameral advisory panel tasked with recommending improvements in economic policy – held its first hearing of the 118th Congress on the impacts of a potential U.S. default. The hearing covered a number of different topics surrounding the debt limit. Republicans pointed out our efforts to pass the Limit, Save, Grow Act in the House which would enforce spending levels from fiscal year 2022. During the hearing, I highlighted how the legislation would expand work requirements, and how it’s important for abled-body adults to return to the workforce. I also spoke about Biden’s all-out-attack on America’s energy independence – which continues to drive inflation.
Click here to watch my remarks. |
It was great to meet with the Georgia Society of Anesthesiologists in my office last week. We had a productive conversation regarding how to best fill residencies in the specialty of anesthesiology – and other specialties. As a member of the GOP Doctor’s Caucus and former practitioner myself, I understand the importance of investing in our doctors to ensure a prosperous future for our nation. |
Last week, my House Budget Committee colleagues sat down with dignitaries from the EU. We discussed best practices to achieve a balanced budget while reining in excessive government spending. |
Thank you to Kevin Abernathy, Vice President of Government Relations at the University of Georgia, and the rest of UGA’s Government Relations team for visiting my office this past week. It is always an honor to discuss how to best maintain excellence at our state’s flagship university. |
The Doctor's Caucus held a discussion on the future of Medicaid and Medicare with Dr. Meena Seshamani, Deputy Administrator and Director of the Center for Medicare at CMS. I remain committed to working on policies that reduce healthcare costs and increase access to care. |
Thank you to Dr. Hans Gutter, President of the Academy of General Dentistry, for inviting me to speak during their fly-in this week. As a practicing dentist for nearly 25 years, it was a privilege to share my unique perspective and experiences with my colleagues in the field of dentistry.
Below are a few photos from the event: |
This week, the House will consider the following piece of legislation on the floor:
H.R. 1076 – Preventing the Financing of Illegal Synthetic Drugs Act
H.R. 1156 – China Financial Threat Mitigation Act of 2023
H.R. 366 – Korean American VALOR Act
H.R. 1669 – VET–TEC Authorization Act of 2023, as amended
S. 777 – Veterans’ Compensation Cost-of-Living Adjustment Act of 2023
Senate amendment to H.R. 346 – NOTAM Improvement Act of 2023
S.J. Res. 11 – Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Environmental Protection Agency relating to ‘‘Control of Air Pollution From New Motor Vehicles: Heavy-Duty Engine and Vehicle Standards"
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"
H.J. Res. 39 - Disapproving the rule submitted by the Department of Commerce relating to “Procedures Covering Suspension of Liquidation, Duties and Estimated Duties in Accord With Presidential Proclamation 10414”
H.R. 467 – HALT Fentanyl Act
As always, I’m here to serve you. Please contact my office with any questions, comments, or concerns. Be sure to follow me on Facebook, Twitter, and YouTube to keep track of upcoming legislation and events! |
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Sincerely,
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Drew Ferguson
Member of Congress
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