Crapo and Risch: Republicans won’t raise debt ceiling to fuel reckless spending
August 11, 2021
Washington DC–US Senators Mike Crapo and Jim Risch (R-Idaho) signed a letter led by Senator Ron Johnson (R-Wisconsin) and other Republican senators pledging not to vote to raise the debt ceiling, ” whether this increase comes from a stand-alone bill, a continuing resolution, or some other vehicle. dollars and bring our debt to $ 45 trillion by 2031.
The letter warns Democrats that Republicans will not help them raise the debt ceiling required by their irresponsible budget. Democrats have the ability to raise the debt limit without Republican votes, and they will have to accept the responsibility of doing it on their own.
Senators joining Crapo, Risch and Johnson included Senators Tommy Tuberville (R-Alabama), Dan Sullivan (R-Alaska), John Boozman (R-Arkansas), Tom Cotton (R-Arkansas), Marco Rubio (R-Florida) , Rick Scott (R-Florida), James Risch (R-Idaho), Todd Young (R-Indiana), Mike Braun (R-Indiana), Chuck Grassley (R-Iowa), Joni Ernst (R-Iowa), Jerry Moran (R-Kansas), Roger Marshall (R-Kansas), Mitch McConnell (R-Kentucky), Rand Paul (R-Kentucky), Bill Cassidy (R-Louisiana), Roger Wicker (R-Mississippi), Cindy Hyde- Smith (R-Mississippi), Roy Blunt (R-Missouri), Josh Hawley (R-Missouri), Steve Daines (R-Montana), Deb Fischer (R-Nebraska), Ben Sasse (R-Nebraska), Richard Burr ( R- North Carolina), Thom Tillis (R-North Carolina), John Hoeven (R-North Dakota), Kevin Cramer (R-North Dakota), Rob Portman (R-Ohio), James Inhofe (R- Oklahoma), James Lankford (R-Oklahoma), Patrick Toomey (R-Pennsylvania), Lindsey Graham (R-South Carolina), Tim Scott (R-South Carolina), John Thune ( R-South Dakota), Mike Rounds (R-South Dakota), Marsha Blackburn (R-Tennessee), Bill Hagerty (R-Tennessee), John Cornyn (R-Texas), Ted Cruz (R-Texas), Mike Lee (R-Utah), Mitt Romney (R-Utah), Shelly Moore Capito (R-West Virginia), John Barrasso (R-Wyoming) and Cynthia Lummis (R-Wyoming).
The full text of the letter is available here and below.
To our fellow Americans,
Since taking full control of the United States federal government, with the Presidency a slim majority in the House, and Vice President Harris providing the deciding vote in an equally divided Senate, Democrats have embarked on a wave of massive and unprecedented deficit spending. Without a single Republican vote, they passed a $ 1.9 trillion ‘Covid relief’ bill in March, even though $ 1 trillion was still not spent on previous bipartisan Covid relief bills. .
Now they have passed a $ 3.5 trillion budget resolution, again without a single Republican vote. The non-partisan committee for a responsible federal budget has calculated that a more honest score for this budget resolution will likely exceed $ 5,000 billion. Senate Democrats shamelessly estimate their tax and spending plan will result in $ 45 trillion in debt by 2031.
For these expenditures to be made, the debt limit of our country will have to be increased significantly. Because Democrats are responsible for the spending, they must take responsibility for raising the debt ceiling. They have full government control and the unilateral ability to raise the debt ceiling to accommodate their unilateral spending plans. Indeed, Democrats have the option of raising the debt ceiling through the budget resolution by introducing appropriate language into the upcoming reconciliation process (or a subset of reconciliation). It would not require a single Republican vote and would appropriately require each Democrat to take responsibility for their uncontrollable spending.
We should not default on our debts in all circumstances. If Democrats threaten to default, it will only be because they refuse to vote for the increase in the debt ceiling made necessary by their own irresponsible spending. Democrats, at any time, have the power, through reconciliation, to unilaterally raise the debt ceiling, and they should not be allowed to pretend otherwise.
We, the undersigned Republican Senators, let Senate Democrats and the American public know that we will not vote to increase the debt ceiling, whether that increase is from a stand-alone bill, a continuing resolution, or anything else. other way. It is a problem created by Democratic spending. Democrats will have to take sole responsibility for facilitating it.