WASHINGTON, D.C. Congressman Bill Flores (R-Texas) issued the following statement regarding the U.S. Senate’s proposed legislation to resume federal government funding and to raise the debt ceiling:
“This evening, I voted against the Senate’s proposed legislation to resume federal government funding and to temporarily suspend the debt ceiling. I voted ‘no’ because this legislation allows the debt ceiling to be increased without any much-needed reforms to fix our country’s critical fiscal challenges; it does not address the operational flaws and exploding costs of the newest federal entitlement, Obamacare; and it does not address other much needed economic growth policies such as tax reform, regulatory reform and energy security solutions.
“On the positive side, this legislation adheres to the post-sequester discretionary spending levels set forth in the Budget Control Act of 2011; restores near-term certainty to the capital markets by avoiding a debt ceiling default; and provides for the appointment of conferees to a Budget Conference, which I hope will substantively address the federal government’s precarious fiscal condition.
“While this legislation does reopen the doors to the federal government and avoids default, it does nothing to address the true drivers of our debt. Congress needs to quit kicking the can down the road and to address America’s critical fiscal challenges sooner rather than later. With each day that Congress delays dealing with this issue, the adverse impact upon the economic opportunities for future generations become increasingly harder to resolve. Like the rest of my colleagues in the House Majority, I remain committed to addressing our nation’s fiscal crisis and to improving the economic outlook for our children and grandchildren. Now more than ever, we must work towards a fiscally sustainable America through balanced budgets, job creation, economic growth and energy security.”
Congressman Bill Flores represents the 17th District of Texas and is an entrepreneur, former energy executive, Certified Public Accountant (CPA) and member of the House Budget, Natural Resources and Veterans’ Affairs Committees.