{"database": "press", "table": "releases", "rows": [["https://troycarter.house.gov/media/press-releases/congressman-troy-carter-votes-address-debt-ceiling-prevent-catastrophic", "Congressman Troy Carter Votes to Address Debt Ceiling, Prevent Catastrophic Default", "2021-10-12", "2021", "2021-10", "Democrat", "House", "LA", "Troy A. Carter", "C001125", "troycarter.house.gov", "troycarter", "https://troycarter.house.gov/media/press-releases", "scraper", "WASHINGTON, D.C. \u2013 Today, Congressman Troy A. Carter Sr. voted for must-pass legislation to prevent a first-ever default on the federal debt, which would result in economic catastrophe for nearly every American family. This crucial bill \u2013 which Senate Democrats passed on October 7th, with all Senate Republicans present voting against \u2013 will keep the United States under the debt limit through at least December 3rd.\n\n\u201cDemocrats are hard at work to avoid a catastrophic and unprecedented debt default, which would devastate the financial future of Louisiana\u2019s families,\u201d said Congressman Carter. \u201cAddressing the debt ceiling has long been a bipartisan obligation \u2013 but now, Senate Republicans are recklessly refusing to help us to pay off America\u2019s credit card for spending many of them voted for under the former president. While today the Democratic Congress averted a disastrous default with a short-term measure, it is shameful and irresponsible that Senate Republicans will not join us in finding a longer-term solution.\u201d\n\nWith this legislation, which President Biden will soon sign into law, the federal government will be able to continue meeting financial obligations for another two months. This action only addresses previously approved spending, including bipartisan COVID relief, payments to Social Security recipients, payments of veterans\u2019 benefits and paychecks for members of the military \u2013 and does not authorize future spending.\n\nSenate Republicans continue to block action on a House-passed bill that addresses the debt ceiling through 2022 \u2013 risking a cataclysmic default that would trigger a global economic collapse and devastate the financial security of nearly every American family. A recent study by Moody\u2019s showed that a debt default would:\n\nWipe out $15 trillion in household wealth;\n\nErase up to six million jobs; and\n\nDouble the unemployment rate, surging up to nine percent.\n\nOver the last decade, every time the debt limit has needed to be addressed, Congress has acted on a bipartisan basis \u2013 including three times under President Trump. Despite Republicans adding $7.8 trillion to the federal debt over the last four years \u2013 including a $2 trillion tax scam benefiting the rich \u2013 Democrats still helped Republicans address the debt ceiling, because the full faith and credit of the United States must never come under threat.\n\nNow, under President Biden, McConnell and many Republicans refuse to join Democrats to address the debt limit \u2013 despite the fact that only 3 percent of the current debt was accumulated under President Biden, and more than 27 percent was incurred under President Trump. This is blatantly hypocritical: just two years ago, Senate Minority Leader Mitch McConnell agreed that\u201cAmerica can't default\u201d because \u201cthat would be a disaster.\u201d\n\n\u201cBy refusing to allow our nation to pay for spending the Congress has already authorized, Republicans are playing a cynical game of Russian Roulette with our economy and our children\u2019s future,\u201d Congressman Carter continued. \u201cExperts agree that a first-ever default would bring unthinkable economic suffering to American families. As lawmakers, it is our responsibility to safeguard America\u2019s full faith and credit and to protect families from financial ruin \u2013 and I call on my Republican colleagues to join us in honoring this solemn duty.\u201d", 1, "2026-03-30T01:40:41Z", "2026-04-06T20:24:51Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://troycarter.house.gov/media/press-releases/congressman-troy-carter-votes-address-debt-ceiling-prevent-catastrophic"], "units": {}, "query_ms": 1.0720598511397839, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}