Lankford Opposes Debt Limit Bill
WASHINGTON, DC – Senator James Lankford (R-OK) voted to oppose the bill to raise the debt limit. Despite Lankford’s “no” vote, the bill passed the Senate and now heads to the President’s desk for signature. Lankford spoke on the Senate floor in opposition to the bill earlier today.
“Washington overspending is saddling future generations with more and more debt. Unfortunately this bill does not significantly change the direction of federal spending,” said Lankford. “I’ve voted for debt ceiling increases in the past when they were accompanied by spending reforms or concrete spending reductions. But instead of cutting spending, as advertised, this bill actually increases spending. There are also numerous waivers and exceptions that make the bill’s permitting and other policy changes easy for the Administration to ignore. We should come to the table like adults and have the hard conversation about our skyrocketing $31.4 trillion debt.”