Congressman Ken Buck (CO-04) released the following statement on Wednesday regarding his vote against H.R. 3746, or The Fiscal Responsibility Act of 2023:
“I voted no on the Biden-McCarthy debt limit ‘deal’ because our current financial situation is unsustainable, and this bill only ramps up the timeline to our government’s eventual default.
“Back in 2022, the American people gave Republicans the majority in the U.S House of Representatives because they wanted us to rein in the Democrats’ out-of-control spending. Yet Speaker McCarthy chose to negotiate a deal that codifies the post-COVID 2022 discretionary spending baseline, adds $4 trillion to the debt in less than two years, upholds Biden’s student loan bailout, funds 85,000 new IRS agents, and ensures Democrats don’t have to deal with the political fallout of raising the debt ceiling prior to the 2024 election. I can’t imagine a better deal for Democrats or a worse deal for our nation.
“When will Congress take its responsibilities to the American people seriously? It’s past time for fiscal change and leadership in Washington. I refuse to be complicit in this bipartisan bankruptcy.”