The House should not wait to guarantee full faith and credit and remove threat of default

Oct. 16, 2013, Fairfax, VA—Americans for Limited Government President Nathan Mehrens today issued the following statement urging the House of Representatives not to wait for Senate action to move on legislation raising the $16.699 trillion debt ceiling:

“The House is under no obligation to wait for the Senate to act on the debt ceiling and then to simply rubber stamp whatever they come up with. House leaders can act first to raise the debt limit and guarantee that interest payments always be made no matter what when it is reached again in the future. This would remove the threat of default once and for all and guarantee the full faith and credit of the U.S. It would also separate the debt ceiling debate from the continuing resolution.

“The alternative is to wait for Senate legislation that nobody has read and likely will be laden with special interest handouts, Obamacare exemptions, reopens the government, and allows funding for the health care law to take effect. In short, the alternative is complete surrender.

“Any member that votes for such a ‘compromise’ that funds Obamacare, will own it.”

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