Panhandle Times

WASHINGTON, D.C. – Congressman Nathaniel Moran (TX-01) released the following statement on May 31 after voting against the Fiscal Responsibility Act of 2023:

 

“Spending in Washington, D.C. is out of control, and as a result, so is our national debt.  This ever-growing debt, along with our annual deficit spending and overwhelming mandatory spending programs, prevents Congress from addressing critical issues such as increasing border security, investing more in veterans and military readiness, and reducing the tax burdens on American families and businesses.

 

“There is no doubt that we need legislation to immediately reduce spending, and keep spending down over the next decade. Further, we need to reduce regulatory burdens – especially in the energy industry, rein in overreach from the executive branch, and rescind the bad policies established under the Biden Administration – including the recruitment and hiring of 87,000 additional IRS agents to target middle-class Americans. While the Fiscal Responsibility Act of 2023 addresses some of these concerns, the First District of Texas demands – and deserves, more. The days of President Biden’s unlimited spending are over. And for these reasons, I voted against the Fiscal Responsibility Act of 2023.

 

“As I travel across East Texans, two primary topics are consistently brought up – the lack of security at our southern border and frustration over the runaway government’s spending, which has caused out-of-control inflation. I applaud Speaker McCarthy’s efforts to push back against the Biden Administration and the gains won during the negotiations for this legislation. Among other things, this legislation will claw back billions in unspent COVID-19 funds, cuts the red tape in the bureaucratic environmental review process, limit top-line spending levels for the next few years, leaves Social Security and Medicare undisturbed, enacts reforms to SNAP and TANF, and compels passage of all twelve appropriations bills by imposing a temporary 99% CR-level cap until they are all passed.

 

“Those who have known me over the last two decades know that I am both a fiscal and social conservative, and I have always done my best to promote policies that reflect these values. I intend to continue this at the Federal level, and although I understand that the Fiscal Responsibility Act of 2023 seeks to do this as well, it simply did not go far enough at this critical juncture for me to support its passage.”

 

Further information:

The Fiscal Responsibility Act of 2023 was introduced by Congressman Patrick McHenry of North Carolina after several weeks of negotiations between the White House and Speaker Kevin McCarthy, following warnings from Treasury Secretary Janet Yellen that the United States would default on its current debts if the debt ceiling is not raised. 

Original source can be found here.