By: Abigayl Finch | BYU Scroll
President Joe Biden signed the Fiscal Responsibility Act on Saturday, raising the debt ceiling until 2025. Raising the debt ceiling allows the country to pay its loan and avoid default.
Many of Idaho’s congressmen saw the bill as a temporary fix.
Representative Russ Fulcher believes the problem should have been addressed before the crisis.
“We should never have been in this situation,” Fulcher said. “For over 100 days, President Biden refused to negotiate with House Republicans to find a solution to this crisis. So last month, House Republicans led and passed the Limit, Save, Grow Act – with more than thirty days before the debt limit deadline. The bill would have mitigated the debt ceiling crisis while enacting historic spending reductions. Democrats controlling the Senate have refused to put it up for a vote.”
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