King Votes Against Debt Limit Suspension
Washington, DC – Congressman Steve King released the following statement after voting against S. 540, The Temporary Debt Limit Extension Act. This Act suspends the debt ceiling through March 15, 2015.
“This bill fails the American people by both suspending the debt limit and increasing spending,” said King. “We are handing the President and Democrats exactly what they want - essentially a borrowed, blank check for the rest of the year - ‘no strings attached.’
The die was cast when last year’s shutdown was over. We already knew this outcome was coming. I have long said that I’d vote for a debt ceiling increase if the House and Senate passed a Balanced Budget Amendment to the Constitution and send it to the States for ratification. We need to be on a path to balance. It is time to make smart decisions with the money of hard and smart working Americans.”