Murphy: Debt Limit Deal Alters Our Fiscal Trajectory | Eastern North Carolina Now

Today, Rep. Greg Murphy, M.D. released the following statement on the debt limit deal reached by Speaker McCarthy and President Biden.

ENCNow
Press Release:

    Washington, D.C.     Today, Rep. Greg Murphy, M.D. released the following statement on the debt limit deal reached by Speaker McCarthy and President Biden.

    "After a hard-fought battle, I am relieved to see that Washington will no longer continue to recklessly spend our grandchildren's future. The Fiscal Responsibility Act alters our fiscal trajectory and takes much-needed measures to remedy the Federal government's spending problem. This landmark legislation lowers non-defense discretionary spending, excluding veterans' benefits, to below FY 2022 levels and only allows for 1% growth for the next six years. The bill forces Congress to have a true functioning appropriations process and, if for two years any Congress were to not adhere to these principles, it automatically imposes a spending cap until such is corrected."

    "The legislation puts forward numerous commonsense reforms to an intractable Washington spending problem. It reins in dictatorial Executive Branch spending by enacting the first ever statutory administrative PAYGO, thus preventing the Biden Administration from spending billions via regulatory edict. It creates a pathway out of poverty for Americans by reforming work requirements for welfare programs. It also streamlines our onerous permitting system so America can once again develop its own energy resources and build long overdue infrastructure in a timely manner.

    "Most importantly, the Fiscal Responsibility Act does NOT result in new taxes that President Biden wanted and does NOT touch Social Security, Medicare, or Veterans' benefits. It actually increases our nation's investment in our veterans and defense. It claws back unspent COVID money and slashes funding to the IRS for more agents, both byproducts of an unchecked radical Democrat majority.

    "This legislation represents just the start of the changes we need in Washington. With over $31 trillion in national debt - larger than our entire economy - much more hard work awaits us to prevent future bankruptcy."

    "I will be voting for this legislation."


   Contact: Harry Fones
   Email: harry.fones@mail.house.gov
   Contact: Jack Colonnetta
   Email: jack.colonnetta@mail.house.gov
Go Back

HbAD0

Latest Bloodless Warfare: Politics

Vice President Kamala Harris’ husband, Doug Emhoff, admitted that he cheated on his first wife with the couple’s babysitter after a report was published on Saturday that said the marriage ended after he got the babysitter pregnant.
A black Georgia activist became the center of attention at a rally for former president Donald Trump on Saturday when she riled the crowd in support of Trump and how his policies benefit black Americans.
President Joe Biden and Vice President Kamala Harris faced backlash Thursday afternoon over what they told Israeli Prime Minister Benjamin Netanyahu during a call.
RALEIGH: Tropical Storm Debby continues to bring heavy rain and flooding across North Carolina on Thursday.
RALEIGH: North Carolina Gov. Roy Cooper and state leaders urged people to beware of drenching rains and flooded roads as Tropical Storm Debby begins to impact the state.
Kari Lake emerged victorious on Wednesday in her bid to become the GOP nominee in Arizona‘s 2024 U.S. Senate race.
The former lover and mentor of Kamala Harris, Willie Brown, who served as mayor of San Francisco, had an extra-marital affair with Harris, and appointed her to two positions when he was California’s Speaker of the Assembly, has advised her to keep her actual ideology fuzzy
The Kamala Harris campaign reportedly blocked reporters from speaking to voters at an event on Monday featuring Democratic governors Gretchen Whitmer of Michigan and Josh Shapiro of Pennsylvania.
North Carolina Democratic Gov. Roy Cooper, who was reportedly under consideration to run with Vice President Kamala Harris on the Democratic presidential ticket, said on Monday that it “wasn’t the right time” for him to “potentially” run for vice president.

HbAD1

Fox News contributor Guy Benson warned on Tuesday that legacy media was likely to aid the Kamala Harris campaign, turning the last 100 days before the 2024 presidential election into a “three-month honeymoon.”
President Joe Biden called for term limits for Supreme Court justices on Monday after weeks of attacking previous court decisions on presidential immunity and abortion.
Former President Donald Trump said during an interview this week with Fox News host Laura Ingraham that he believes someone convinced Vice President Kamala Harris to get rid of her “crazy laugh” because of how it makes her look to voters.
The Biden-Harris administration is seeking to severely limit Israel’s retaliatory response toward Hezbollah after the Iranian-backed Islamic terrorist group killed 12 children on Saturday in northern Israel.
Vice President Kamala Harris and her surrogates have started to use the attack line that Ohio Sen. JD Vance (R) is “weird.”
Vice President Kamala Harris‘ campaign engaged in promoting conspiracy theories on Tuesday after the Trump Campaign filed a complaint with the Federal Election Commission (FEC) accusing Harris and President Joe Biden of violating campaign finance laws by transferring Biden’s campaign funds to Harris
"The largest deportation effort in American history is going to have one hell of a co-pilot," one organization exclaimed.
Biotech entrepreneur Vivek Ramaswamy told The Daily Wire on Monday that he would “strongly consider” replacing J.D. Vance as U.S. senator from Ohio now that former President Donald Trump has picked Vance to be his running mate for the 2024 election.

HbAD2

 
Back to Top