Press Releases
Sessions Opposes House Debt Limit Package
May 31, 2023
Washington D.C.– Congressman Pete Sessions (TX-17) released the below statement after he voted against the debt limit deal, H.R. 3746, when it was considered this evening.
“Suspending the debt limit until after the next election is not fiscally responsible, nor do I believe that it adequately addresses the issue to prevent a similar scenario from happening again as soon as the suspension expires," said Congressman Sessions. "Though the Fiscal Responsibility Act caps discretionary appropriations for the next two fiscal years, this deal needed to go much further to rein in out-of-control spending. While I support some of the provisions in this bill, including permitting production reforms and required offsets for costly regulations, I do not believe this legislation takes sufficient action to get our nation’s fiscal house in order. As the former Chairman of the Joint Chiefs, Admiral Michael Mullen, famously observed in 2010: ‘The most significant threat to our national security is our debt.’”
Congressman Sessions submitted an amendment to H.R. 3746 to rescind the full remaining amount of supplementary IRS funding from the Inflation Reduction Act. As written, this bill retains 98% of the over $75B that the Democrats appropriated to the IRS last year in addition to the agency’s regular budget – this funding will be used to hire 87,000 new IRS agents and increase audits on all American families and businesses. [Sessions remarks to Rules Committee]
“Suspending the debt limit until after the next election is not fiscally responsible, nor do I believe that it adequately addresses the issue to prevent a similar scenario from happening again as soon as the suspension expires," said Congressman Sessions. "Though the Fiscal Responsibility Act caps discretionary appropriations for the next two fiscal years, this deal needed to go much further to rein in out-of-control spending. While I support some of the provisions in this bill, including permitting production reforms and required offsets for costly regulations, I do not believe this legislation takes sufficient action to get our nation’s fiscal house in order. As the former Chairman of the Joint Chiefs, Admiral Michael Mullen, famously observed in 2010: ‘The most significant threat to our national security is our debt.’”
Congressman Sessions submitted an amendment to H.R. 3746 to rescind the full remaining amount of supplementary IRS funding from the Inflation Reduction Act. As written, this bill retains 98% of the over $75B that the Democrats appropriated to the IRS last year in addition to the agency’s regular budget – this funding will be used to hire 87,000 new IRS agents and increase audits on all American families and businesses. [Sessions remarks to Rules Committee]
