Congressman Tom Rice

Representing the 7th District of South Carolina

Washington Cannot Ignore Its Financial Problems

Oct 17, 2013
Press Release

During my campaign, I made a promise to you and your family that I would not vote for a debt ceiling increase that did not address the financial problems crippling our country. Last night, the government was hours away from hitting its debt ceiling and weeks away from running out of money to pay our country’s bills. Instead of addressing our financial problems, Congress put forth a bill that merely postpones another fiscal calamity. Therefore, I could not support this bill because it allows the government to run up our nation’s credit card, ignore the ballooning cost of our entitlement programs, and does not make America more competitive.