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Hall Votes to Prevent Default Without Raising Debt Ceiling
May 9, 2013
WASHINGTON, DC . . .Today, Rep. Ralph Hall (TX-04) voted with a House majority to pass H.R. 807, The Full Faith and Credit Act, by a vote of 221-207. The bill ensures that, in the event the debt limit is reached, a default on the debt would be prevented without raising the debt ceiling.
“Today’s bill gives Americans the assurance that the threat of defaulting on the national debt is removed and that Social Security beneficiaries will receive payments in full and on time,” said Hall. “While Congress and the President work to pass appropriations bills in the next few months, House Republicans remain committed to reining in the government’s serious spending problem.”
Hall continued, “Over the past three years, the President and Democrat-controlled Senate have only agreed to reduce spending when they were forced to negotiate. During the 2011 debt limit negotiations, the threat of default was hung over the head of Americans. This bill ensures a default is prevented without raising the debt limit and provides the opportunity for a serious discussion between Republicans and the Administration about how to get the deficit under control.
“I remain committed to reining in the government’s out-of-control spending, reducing the debt, and balancing the budget, and I will continue to support legislation that promotes these goals.”
May 9, 2013
WASHINGTON, DC . . .Today, Rep. Ralph Hall (TX-04) voted with a House majority to pass H.R. 807, The Full Faith and Credit Act, by a vote of 221-207. The bill ensures that, in the event the debt limit is reached, a default on the debt would be prevented without raising the debt ceiling.
“Today’s bill gives Americans the assurance that the threat of defaulting on the national debt is removed and that Social Security beneficiaries will receive payments in full and on time,” said Hall. “While Congress and the President work to pass appropriations bills in the next few months, House Republicans remain committed to reining in the government’s serious spending problem.”
Hall continued, “Over the past three years, the President and Democrat-controlled Senate have only agreed to reduce spending when they were forced to negotiate. During the 2011 debt limit negotiations, the threat of default was hung over the head of Americans. This bill ensures a default is prevented without raising the debt limit and provides the opportunity for a serious discussion between Republicans and the Administration about how to get the deficit under control.
“I remain committed to reining in the government’s out-of-control spending, reducing the debt, and balancing the budget, and I will continue to support legislation that promotes these goals.”
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