Today, Congressman Jim Renacci (OH-16) released this statement following his vote against a bill that would have implemented the President's request to increase the debt ceiling without including comprehensive spending cuts. By a vote of 97 - 318, the President and his allies fell far short in their attempt to further increase our national debt while doing nothing to rein in spending.
"After months of demanding that Congress pass a "clean' debt limit increase, President Obama's proposal to grow the debt without cutting spending was put to the test today in the House of Representatives, where it was soundly defeated by members of both parties. As I have said many times before, any increase in the debt limit must be paired with meaningful spending cuts to ensure that as we pay off the debts of the past, we also cut up the credit cards that got us here in the first place. The American people sent a loud and clear message last November that the days of unconscionable fiscal recklessness and job-killing deficit spending must come to an end--and that message was echoed once again today in the Republican-led House. For the sake of our country and our economy, I hope that this time, the President was listening."