US Rep. Frank Guinta statement on House passage of debt ceiling agreement

(WASHINGTON– August 1, 2011)  U.S. Rep. Frank Guinta (R, NH-01) released the following statement after the House of Representatives passed S. 365, the Budgetary Control Act, this evening:

“The House has broken with the failed policies of the past and is chartering a new course.   This bipartisan vote marks a significant shift away from decades of fiscal irresponsibility where both parties raised the debt ceiling without blinking an eye.   This bill is far from perfect.  But we shouldn’t let that eclipse its positive parts, because it accomplishes several important things that Granite Staters have repeatedly told me they want.  It honors the spirit of Cut, Cap and Balance, which I still believe is the best vehicle for putting our country’s finances in order by making real cuts and implementing spending controls.  It also requires Congress to act on a Balanced Budget Amendment, which would force Washington to finally live within its means.  Plus, the bill allows the government to keep paying its bills, and it does it without raising taxes.  Remember, this isn’t the end of the long battle; it’s only one small step in getting us back on the right path.  But we are now one step closer to it than we were yesterday.”