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Saturday, September 28, 2024

Rep. Mike Garcia Releases Statement on House Passage of Fiscal Responsibility Act

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Congressman Mike Garcia | Official U.S. House headshot

Congressman Mike Garcia | Official U.S. House headshot

Representative Mike Garcia (CA-27) released the following statement after the House passed H.R. 3746, the Fiscal Responsibility Act.

"For months, the President refused to negotiate on the debt ceiling and only supported a clean debt ceiling increase without any changes to irresponsible spending habits. While operating in a divided government, with a tax-and-spend president, and the imminent threat of a catastrophic default looming, House conservatives managed to negotiate a bill that extracted significant cost savings that will help return our country to fiscal sanity. While not perfect, I voted in favor of the Fiscal Responsibility Act because it cuts trillions in federal spending while protecting Social Security, Medicare, funding for our military, and veterans’ benefits. This is the largest deficit reduction bill in history – a significant victory for the American taxpayer. This bill raises the debt ceiling to avoid default, claws back billions in unused COVID funds, nixes Biden’s funding request to hire additional IRS agents, and cuts red tape to lower energy costs and accelerate infrastructure development. No one is completely satisfied with this deal, but that’s the nature of compromise.

There is still much to do. Our nation’s debt remains the single biggest threat to our national security. We must continue working towards restoring fiscal sanity and curbing reckless government spending. I will always fight to protect Social Security, Medicare, and veterans’ benefits while preventing tax hikes on hard-working Americans,” said Garcia.

Click here to hear more from Garcia on the Fiscal Responsibility Act.

Original source can be found here.

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