Linda Sánchez Statement on Republican Debt Prioritization (Apr. 24, 2013)

Washington, DC – Congresswoman Linda Sánchez (CA-38), a member of the House Committee on Ways and Means and the Ranking Member of the Manufacturing Tax Reform Working Group, released the following statement after Republicans held a mark-up of H.R. 807, "The Full Faith and Credit Act."

"When it comes to our economy, debt prioritization and planning for default amount to playing with fire. Actually advancing legislation that would enable the U.S. to become a deadbeat nation is even more dangerous.

"This partisan bill should be called the ‘Pay China First Act.' This misguided legislation removes the debt ceiling for China, and other private bond holders, and allows us to default on the promises we've made to our veterans, seniors, and our children.

"I'm disappointed that House Republicans haven't learned their lesson after the summer of 2011, when just threatening to default led to the first credit downgrade in our nation's history. I hope that Republicans will stop pulling political stunts and join with House Democrats to find common sense solutions to our debt and deficit."

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