What: All Issues : Making Government Work for Everyone, Not Just the Rich or Powerful : Protecting Rights of Congressional Minorities : S 2578. Increasing the Debt Limit/Final Passage of a Bill to Increase the Debt Limit and Thereby Saddle Future Generations With Even Higher Debt Payments. (2002 house Roll Call 279)
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S 2578. Increasing the Debt Limit/Final Passage of a Bill to Increase the Debt Limit and Thereby Saddle Future Generations With Even Higher Debt Payments.
house Roll Call 279     Jun 27, 2002
Progressive Position:
Nay
Progressive Result:
Loss

Progressives and Democrats in general had long claimed that the president's $1.35 trillion tax cut of 2001 had contributed directly to the shift from surpluses in the federal budget to large deficits. These deficits began pushing the overall federal debt up against its legal limit. Raising this limit was a matter of voting to increase it, and without the increase the government risked going into default. Toward that end, the Republican leadership proposed a bill that increased the debt limit by $450 billion. But Progressives, Democrats generally, and even a small handful of disgruntled Republicans disapproved of raising this limit. They felt increasing it simply ignored a pressing issue, and that a larger debate about the priorities of government needed to be engaged. They voted against raising the debt limit, but the Republicans managed to pass the increase without a single vote to spare, 215- 214.

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