Washington, D.C. — Senator Ted Budd (R-NC) released a statement on H.R. 3746, the “Fiscal Responsibility Act of 2023”:
“Throughout this process, I have said that we should only raise the debt ceiling if we fix Washington’s spending addiction. Unfortunately, this bill fails to do that. The bill normalizes pandemic-era spending levels, greenlights trillions more, and retains the vast majority of President Biden’s IRS expansion. While I respect Speaker McCarthy’s efforts to force President Biden to the negotiating table, this final product does not fundamentally alter our country’s disastrous fiscal path.”
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