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Statement of U.S. Sen. Mark R. Warner on Passage of Legislation to Raise Debt Ceiling

Statement

Date: June 1, 2023
Location: Washington, D.C.
Issues: Monetary Policy Economy and Fiscal Government Budget and Spending

"Today, we fulfilled a basic responsibility by raising the debt ceiling and avoiding an economic meltdown with catastrophic consequences for individuals and the global economy alike. However, this deal is not perfect. I am disappointed by the inclusion of language pertaining to the Mountain Valley Pipeline, and I believe Congress missed an important opportunity to lower the national debt when they refused to look at revenues and make our tax system a little bit fairer. At the end of the day, I voted in favor of this bill because raising the debt ceiling is the right thing to do for our country and for the millions of Americans who are trying to get out of debt, purchase a home, save for retirement, and so much more."


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