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Thursday, December 26, 2024

Smith Statement on Fiscal Responsibility Act

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Rep. Adrian Smith | Adrian Smith Official Website

Rep. Adrian Smith | Adrian Smith Official Website

Washington, D.C. – Rep. Adrian Smith (R-NE) released the following statement on the Fiscal Responsibility Act:

“We must put our country on a more sustainable fiscal path,” said Rep. Smith. “Our debt and spending crisis cannot and should not be punted to future generations, which is why I voted in favor of the Fiscal Responsibility Act. This bill includes spending reductions, implements reforms to government assistance programs, claws back unspent COVID relief funds, and makes significant progress toward our goals of cutting red tape and getting Americans back into the workforce. I’m especially encouraged the bill includes my bill to stop the IRS from ramping up audits this year on hardworking families and small businesses. 

“No bill is perfect, but the wins in this bill are significant – especially considering President Biden initially insisted on a clean debt ceiling increase, which he did not get. More work needs to be done – one bill didn’t get us into this mess and one bill won’t get us out – but the Fiscal Responsibility Act is a strong step in the right direction.”

Read more about the Fiscal Responsibility Act here.

Original source can be found here

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