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Raising The Debt Ceiling

Thursday, January 24, 2013

Rep. Bill Foster Votes For Republican Proposal To Raise Debt Ceiling

Congressman Bill Foster, who represents the 11th District, voted for the proposal and said the nation needs a "long-term solution to address the national debt."

Congressman Bill Foster, who represents the 11th District, released the following statement on his vote to support the Republican proposal to raise the debt ceiling for the next three months.   “We need a long term solution to address the national debt, not more short term fixes as House Republicans presented today, however, I voted for the temporary debt limit suspension because protecting the full faith and credit of the United States government is our most important obligation.  “Defaulting on U.S. debt payments would trigger a massive increase in U.S. borrowing costs, tarnishing our credit and greatly increasing the national debt.” As part of the package, Foster also voted to protect benefits for veterans and seniors from cuts proposed…

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