Press Releases

Washington DC – Today, U.S. Congresswoman Gwen Moore (D-Milwaukee) made the following statement after the House passed Speaker John Boehner’s plan to raise the debt ceiling:

“Difficult issues are resolved when the two parties meet halfway.  Yet, this legislation requires no sacrifice from Republicans. In fact, after Speaker Boehner’s first version failed to gain enough support, he added even more of what Republicans want.

“There are no new revenues – like ending subsidies for oil and gas companies.  The debt limit increase is tied to cuts dollar for dollar.  This unbalanced, one-sided, cuts-only approach will hurt our most vulnerable.  There’s no way around that.  And ultimately, Speaker Boehner’s plan will force cuts in Medicare, Social Security and Medicaid. 

“Since Speaker Boehner left talks with President Obama one week ago, U.S. stocks have lost more than $400 billion in value.

“This is a moment in history where real bipartisan compromise is possible.  Most of us agree that in the short term, Congress must pass an increase in the debt ceiling because failure to do so would be catastrophic and would harm every single American, rich or poor.  In the long term, Congress must find a balanced approach with compromise from both sides to ensure our nation’s fiscal health."