Today, Congressman Jerrold Nadler (NY-12) released the below statement following the House's vote on the Fiscal Responsibility Act:
“With the prospect of a devastating default looming, House Republicans—one of whom eagerly described himself and his fellow conservatives as “hostage” takers—presented President Biden with an impossible decision: agree to their harmful cuts, or face an unprecedented default of the US economy.
It’s incredibly unfortunate that Republicans took our country closer to default than we ever have been in our nation’s history. Congress has raised or suspended the debt ceiling 78 times since 1960—49 under Republican presidents, including 29 under Democrats. Democrats voted to raise the debt ceiling cleanly three times during the Trump Administration.
Under the circumstances, I applaud President Biden for his leadership in crafting a deal that protects Democrats’ historic accomplishments included in the Inflation Reduction Act, while protecting our nation from a Republican-inflicted economic catastrophe. The President worked hard to protect Medicaid recipients, our veterans, and people experiencing homelessness from the damaging cuts proposed by Republicans. It is clear that this deal averts the most imminent harm of a Republican-led default.
With that in mind, I remain concerned about the expansion of work requirements for 50 to 54-year-old SNAP recipients. Work requirements simply do not work and don’t increase employment numbers or save our country...
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