Heritage Action: Biden Holds Economy Hostage Over Debt Ceiling While Republicans Offer Responsible Solutions

Press Releases · May 9, 2023

WASHINGTON – Heritage Action, a conservative grassroots organization with two million grassroots activists, released a statement from Executive Director Jessica Anderson following President Biden and congressional leaders’ discussion of the debt ceiling.

“As the American people continue to face catastrophic inflation and uncertainty about their financial futures, President Biden and Congressional Democrats still fail to act. In today’s meeting, even with a reasonable solution on the table, President Biden was clear that he is willing to hold the American economy hostage to fund Left-wing political priorities that go against the interests and values of the American people. To protect American families and businesses, conservatives need to build on the great work they’ve already accomplished in the House and remain firm in their demands for Senate consideration of the Limit, Save, Grow Act.

Back in January, Heritage Action and our network of grassroots Americans began our calls for spending cuts and reforms to offset any increase to the debt limit. In its current House-passed version, the Limit, Save, Grow Act incorporates all of these demands from the American people and brings desperately needed accountability back to the federal budget. The specific provisions Speaker McCarthy and conservatives worked to include are estimated to save $4.8 trillion over the next decade by capping overall federal spending and rolling back programs the Left has weaponized against the American people.

Though President Biden has sent the American economy into crisis, the solution is simple. The Senate must consider the Limit, Save, Grow Act, and President Biden must sign the legislation into law.”