Dear John,
I am receiving a large number of calls and inquiries concerning the ongoing debt limit debate.
Over a month ago, House Republicans passed a commonsense bill to address the impending debt limit. It saves trillions of dollars, returning spending to pre-pandemic levels. The measure reclaims unobligated COVID funds, prevents the student loan bailout, and rescinds monies for the 87,000 new IRS agents. Contrary to some liberal claims, it does NOT touch Social Security, Medicare, or veterans’ benefits.
Unfortunately, the White House did not come to the negotiating table for nearly 100 days, and we’re now on the precipice of default.
I want to hear your thoughts on this issue. Do you think the debt limit should be raised with or without reasonable spending cuts? Let me know here!