U.S. House Votes to Increase Debt Ceiling, Bachmann Votes ‘No’
WASHINGTON, D.C. – The U.S. House have voted to avert a debt crisis, allowing the federal government to continue borrowing through May 18th.
However, Sixth District Congresswoman Michele Bachmann voted against the bill.
Bachmann released a statement this (Wednesday) afternoon saying, “giving the President four months of unlimited borrowing authority without a cap on spending is something I cannot support.” Bachmann went on to say, “Reckless borrowing and spending has left the U.S. with downgraded credit, impending galloping inflation, and a nearly “$16.5 trillion national debt.”
The Senate is expected to pass the bill as well, which means it could go to the President by the end of this week.