Rounds Opposes Debt Limit Increase

WASHINGTON—U.S. Sen. Mike Rounds (R-S.D.) today released the following statement after voting against increasing the debt limit:

“The Democrats want to increase spending by $3.5 trillion,” said Rounds. “This cannot be sustained. I joined all of my Republican colleagues in voting no to increase the debt limit. I voted to end debate after requiring Democrats to limit their debt ceiling increase to a specific dollar amount without the support of a single Republican senator. This provides a short-term protection against default, maintaining the full faith and credit of the United States. Furthermore, this will also require Democrats to return in December and explain to the American people the true cost of their tax and spending spree.”

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