WASHINGTON, Feb. 11 -- Rep. Gwen Moore, D-Wis. (4th CD), issued the following news release:
Today Congresswoman Gwen Moore (WI-4) voted in support of a clean debt ceiling increase to avoid default on our financial obligations. The bill passed the House of Representatives by a vote of 221-201.
"Carried by Democratic votes, I am so pleased that a majority of my colleagues voted to maintain the full faith and credit of the United States and support American consumers and businesses. In doing so, disabled veterans' pensions as well as the tax refunds, retirement savings, Social Security checks, mortgages, Medicare physician payments and student loans of millions are no longer subject to the damage a default would cause. This vote was contentious partially due to right-wing rhetoric that raising the debt ceiling would increase our national deficit. In reality, raising the debt ceiling allows the Department of the Treasury to pay the bills Congress has already approved. I am thankful that common sense has prevailed this evening.
"For too long, House Republicans have caused uncertainty and obstructionism as we operated from one manufactured crisis to the next. Today the House decided to choose a new direction. I urge more of my colleagues across the aisle to join Democrats in moving our nation forward."
To view a report on the impacts of a default for Wisconsin, please click here (http://democrats.waysandmeans.house.gov/sites/democrats.waysandmeans.house.gov/files/WI_1.pdf). Report courtesy of the Ways and Means Committee Democrats.
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