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Dingell Opposes Resolution Disapproving Authority to Increase Debt Limit

Washington, D.C. –Today, U.S. Representative John D. Dingell (D-MI15) issued the following statement regarding his vote in opposition to H.J.Res 77, the resolution expressing disapproval of the President's exercise of authority to increase the debt limit:

“Mr. Speaker, I rise in strong opposition to H.J. Res. 77, a resolution disapproving of President Obama’s exercise of authority to increase the debt limit.  The recent decision by the President to raise the debt ceiling was not one made in haste or taken lightly, but rather it is one that absolutely must be made.  The consequences of not acting are so grave that we could not let it be an option as it would do great irreparable damage to our economy.  We played with fire last month, and although we ultimately approved an increase, we spooked world markets and caused an unprecedented downgrading of our country’s heretofore sterling credit rating.  In brief, we must raise the debt ceiling to prevent a default on our nation’s obligations, avert an international economic crisis, and prevent further harm from being visited upon middle class families.

“My colleagues have failed to recognize the damage their political posturing is doing to our economy.  We have wasted plenty of floor time on theater, and in the mean time have let our Nation dangle on the precipice of default.  Instead of rehashing old arguments and playing the same political blame games, we should come together and focus on the main problem facing Americans today: jobs.  When I was back home in Michigan during the August recess, I heard firsthand from my constituents about the urgent need to create jobs, regenerate our economy, and get America going again.  People across our Nation are hurting and are sick of the inaction in Washington. 

“President Obama should be commended for taking the initiative on this important issue by unveiling the American Jobs Act.  While we may disagree on the specifics of his proposal, it should be considered on merit alone and Congress should come together to reach consensus on what can be done to improve the economy.  Resolutions such as this one are nothing but a distraction from this important mission, which is why I am voting against it today.  Thank you Mr. Speaker, and I yield back the balance of my time.”

The House of Representatives voted against this bill by a vote of 232-186. 

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