No Budget, No Pay Act - The First Debt Ceiling Deal
H.R. 325 - Roll Call 30
Liberty for All's PositionLiberty For All strongly opposes suspending or raising the federal debt ceiling limit. Federal spending is out of control and suspending the debt ceiling allows Congress and the President to continue piling debt on the shoulders of future generations instead of confronting the rapid growth of federal spending. At the time of this deal the national debt was $16.4 trillion and growing. As the debt grows, more and more of the federal budget goes to paying the interest on that debt and consistently reduces the amount of federal funds available to our children. Raising the debt ceiling kicks the can further down the road instead of addressing government waste, fraud, abuse, and necessary cuts in unnecessary programs.