Raising the Debt Ceiling

Floor Speech

Ms. SCHAKOWSKY. Last night's vote on raising the debt ceiling is further proof that the Republican majority plans to hold the full faith and credit of the United States hostage while they demand as ransom extreme cuts to Medicare and Medicaid.

News flash: The American people simply won't sacrifice Medicare and Medicaid and the guaranteed benefits they provide.

Seniors across the country are speaking out: Hands off Medicare, and, Don't slash Medicaid's health and long-term care benefits to pay for tax breaks to millionaires and billionaires, Big Oil and companies that offshore jobs.

Unlike the Republicans, Democrats are serious about responsible and real deficit reduction.

The Republican plan actually increases unemployment and the deficits, ends Medicare, further erodes our middle class and hurts poor children, all to increase the fortunes of oil companies, millionaires and billionaires. This is a plan that goes against the majority of Americans, and we won't have it.


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