This bill increased the nation’s debt limit by $2.4 trillion, the largest increase in the history of the United States. In exchange for an immediate debt limit increase, the bill “promised” discretionary cuts in the future. Future increased spending is assured with an immediate increase but “promised” cuts will be almost assuredly be overturned. We already saw this promise broken when Congress voted to overturn spending cuts in December of 2013 with the passage of the Ryan-Murray Budget Deal. This debt limit increased passed in the Senate on August 2, 2011 by a roll call vote of 74-26.
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Conservative position: NO