Debt Limit Crisis

Floor Speech

Date: May 25, 2023
Location: Washington, DC

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Ms. HOYLE of Oregon. Madam Speaker, we are at the brink of defaulting on the U.S. debt, bringing economic devastation to the world economy and downgrading our credit rating, which increases our debt.

My Republican colleagues have decided to leave for the weekend, dodging their responsibility to this Nation. All they have offered us is political theater, with a piece of legislation that would bring devastating cuts to 15 percent of the Federal budget and no willingness to reverse the Trump tax cuts that benefited their millionaire and billionaire donors.

Last week, my GOP colleagues used every breath to honor the brave men and women of law enforcement, yet their bill would cut up to $10 billion from Federal law enforcement funding and result in a 22 percent cut to border security.

Their bill would cut 27,000 wildland firefighters as fire season is starting in the West, putting more lives at risk.

So I ask my colleagues: Stop the political theater and sign our discharge petition. Let's get to work passing a reasonable budget that invests in working families.

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