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Moskowitz Supports Deal to Avoid Catastrophic Default

After encouraging negotiations for months, Moskowitz backs bipartisan deal to avert debt default

May 31, 2023
Economy

Washington, D.C.

WASHINGTON, DC – Today, Congressman Jared Moskowitz (D-Florida) issued the following statement after he voted to support the debt ceiling deal crafted by President Biden and Speaker McCarthy that would prevent a catastrophic default:

“What I have said for the past four months is that we must choose negotiations over default. Just as the American family has had to scale back their spending, the U.S. government must scale back their spending. This deal puts forward a responsible spending plan, while at the same time protecting historic investments made by Democrats. By avoiding a default, we ensured the American government pays its credit card and prevents China from overtaking the world economy.”

Since conversation around raising the debt ceiling began earlier this year, Moskowitz was one of the most outspoken members of Congress calling for negotiations over the debt ceiling.

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