North Shore Louisiana News

WASHINGTON, D.C. — On April 26, 2023, House Majority Leader Steve Scalise (R-La.) appeared on Fox Business Network’s Varney & Co. to highlight House Republicans’ plan to address the debt ceiling crisis created by the Biden Administration’s out-of-control spending. Leader Scalise detailed the basic reforms included in Republicans’ plan to put money back in the pockets of American families and highlighted the importance of restoring fiscal sanity to Washington.   On debt ceiling negotiations:

“The president doesn't have a plan B. He would not veto this bill if it got to his desk, and the bottom line is: the American people recognize that, while the President maxed out the nation's credit card, which is why we're hitting the debt ceiling, you don't just give President Biden another credit card to go max out. That's what he's asking for. 

“We've said, ‘Look, you've got to address the debt ceiling and address Washington's spending problem at the same time.' And if you read this bill, which I encourage President Biden to do, why would he be against basic work requirements, saying, ‘If somebody is sitting at home fully able-bodied, why should a single mom working three jobs have to pay for them to sit at home when there's workers everywhere, people everywhere trying to hire them?’  That would save over 100 billion dollars. And by the way, the voters of Wisconsin just – with an 80 percent vote – said a few weeks ago that work requirements are something they want. This is something all Americans get. 

“We need to finally start saving money while we address the debt ceiling. President Biden is sitting on the sidelines and that's not a tenable position.”

On the Limit, Save, Grow Act:

“There were two tweaks to the bill. One is [that] we wanted to ramp up the date to align all of the work requirements to be the same. There were two different implementation dates for different pieces of that – one was 2024 and one was 2025. We wanted to get all of that started earlier, get those savings to the taxpayers earlier, so we aligned the dates to start in 2024 and work requirements on some of the tax credits that were going to be eliminated. Some are related to the President's big tax-and-spend bill from last year, but some – as they were writing the language – they got some tax credits that were in existence prior to that. That wasn't the intention. So those were technical corrections.” 

On prospects of passing the bill:

“We had a really good meeting this morning with our full membership, and Speaker McCarthy laid out one more time – and all of us did – why this is so important to the country. And you saw a lot of members, including a lot of members who never voted to raise the debt ceiling, that spoke up vocally and said, ‘We need to do this if we're going to get spending under control [and] put our country on a trajectory to fix the problems that [President] Biden created.’ We've got to do this. Let's go get it done.”

Original Source can be found here.