On Wednesday, Rep. Rick Allen appeared on Newsmax and stated that it is hard to trust the Biden administration because “it looks like they’re trying to take us over the cliff and really aren’t serious about the debt ceiling issue.”
He said while discussing the “hard deadline” of June 1 for raising the debt ceiling, given by Treasury Secretary Janet Yellen, Allen declared that it’s “hard to trust” the administration’s Treasury official.
Especially considering that “she was the one that said inflation is very temporary.”
Allen said, “I’m not sure that they’ve got a handle on things over there. I can tell you this: June 15 there’s going to be a ton of cash coming into this government with the quarterly tax returns due. So, bottom line is, we’ve got more time. I think they can manage their cash flow over there and get the thing done.”
He noted that the House of Representatives did its work by passing the “Limit, Save, Grow Act” that he described as “a reasonable approach to raising the debt ceiling.”
The House-passed Limit, Save, Grow Act is a fiscally responsible bill that raises the debt ceiling and addresses the root of the problem ➡️ Democrats' wasteful spending. pic.twitter.com/cjJyKJNwc1
— Rick W. Allen (@RepRickAllen) May 24, 2023
Now it’s on the Senate to take the additional steps to avoid a default on national debt.
“I think all eyes are on the Senate,” Allen explained. “They don’t have the votes to pass a clean debt ceiling, and they don’t have the votes to pass our ‘Limit, Save, Grow Act.’ I want to use this opportunity to alert our two senators in Georgia that they better engage and find some way to pass this debt ceiling increase in the United States Senate.”
The congressman also slammed White House press secretary Karine Jean-Pierre’s claims that President Joe Biden’s budget reduces the federal deficit by almost $3 trillion over a 10 year period, and that he has already decreased the deficit by $1.7 trillion in the last two years.
“I own a business, so I know what’s going on out there, and they’re clueless,” he said in reference to the Biden administration. “They need to come follow me around for a couple of days. I’ve never seen anything like this. I mean, $5 trillion in spending and the president’s budget calls for more?
Allen added, “You know how he’s going to reduce the deficit — he’s going to raise taxes. That would be detrimental for this economy at this stage, because, like I said, this thing’s going over the cliff and it’s going fast.”