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24 GOP senators to oppose debt limit rise without fiscal reforms

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24 GOP senators to oppose debt limit rise without fiscal reforms

Washington, Jan 30 (Prensa Latina) Nearly half of the Senate Republican Conference on Monday has signed on to a letter to President Joe Biden warning they will not vote for any bill to increase the country's debt limit unless it is connected to spending cuts to address the nation´s $ 31 trillion debt.

The letter, led by conservative Sens. Mike Lee (R-Utah) and Ted Budd (R-N.C.), says it is the policy of the Republican conference that any increase in the debt ceiling must be accompanied by cuts in federal spending or “meaningful structural reform in spending.”

“We, the undersigned members of the Senate Republican Conference, write to express our outright opposition to a debt-ceiling hike without real structural spending reform that reduces deficit spending and brings fiscal sanity back to Washington,” the senators wrote.

“We do not intend to vote for a debt-ceiling increase without structural reforms to address current and future fiscal realities, actually enforce the budget and spending rules on the books, and manage out-of-control government policies,” they wrote.

They cited the Prevent Government Shutdowns Act, which would automatically provide continuing appropriations to fund government if Congress fails to pass spending legislation by the end-of-year deadline, and the Full Faith and Credit Act, which would prioritize federal payments in case Congress doesn’t raise the debt limit, as “meaningful structural reform.”

The letter, which was not signed by Senate Republican Leader Mitch McConnell (Ky.), gives public support to Speaker Kevin McCarthy’s (R-Calif.) effort to negotiate fiscal reforms with the White House in exchange for raising the debt ceiling.

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