Olson Joins Colleagues in Urging Stand Alone Vote on Raising the Debt Ceiling
Congressman Pete Olson today joined with 27 of his colleagues led by Rep. Leonard Lance (R-NJ) urging Speaker Pelosi to allow a stand-alone vote on raising the nationâ€™s the debt ceiling. Press reports indicate that the Democratic Leadership is planning to attach legislation to increase the national debt ceiling to must-pass legislation like the Defense spending bill to avoid a clean vote on the issue.
â€œOur nation has a solemn obligation to provide the critical resources to our military men and women fighting to protect us,â€ Rep. Olson said. â€œForcing Congress to support a controversial and fiscally irresponsible measure like increasing our staggering debt ceiling in order to support our troops is deplorable. We need moral and fiscal integrity in Congress and I again urge Speaker Pelosi not to take this route.â€
Currently, the national debt stands at over $12 trillion, while our federal budget deficit is $1.42 trillion â€“ the highest since World War II.
Text of the letter to Pelosi:
The Honorable Nancy Pelosi
Speaker of the House
H-232 The Capitol
Washington, DC 20515
Dear Speaker Pelosi:
We are writing to request your full support for a stand-alone vote on raising our Nation's debt ceiling.
Credit ratings agency Standard & Poor's Rating Services recently warned that the U.S. government is, once again, closing in fast on its $12.1 trillion debt ceiling. It is now expected that the $12.104 trillion debt ceiling could be breached by the end of November.
According to press reports, the Democratic Leadership is planning to attach legislation to increase the national debt ceiling to the Fiscal Year 2010 Defense Funding Bill to avoid taking a clean vote on increasing the Nation's debt. We strongly oppose this effort.
We believe lawmakers should not be allowed to evade this debate. Raising the debt limit is sufficiently important to require a separate roll-call vote. We urge you to schedule a separate vote to increase the Nation's indebtedness. The national debt stands at more than $11.927 trillion while our U.S. Federal budget deficit is a staggering $1.42 trillion - the highest since World War II.
At a time when voters are increasingly concerned about federal borrowing and spending it is imperative that Congress conduct an open debate on increasing our Nation's debt limit â€“ including a stand-alone roll call vote on raising the debt ceiling.
We look forward to your response.