Upper Cumberland Times

Washington, DC— On April 27, U.S. Representative John Rose voted “Yes” on H.R. 2811, the Limit, Save, and Grow Act, a bill to raise the debt ceiling that will save taxpayers $4.8 trillion over the next decade according to the nonpartisan Congressional Budget Office.

U.S. Representative John Rose released the following statement:

“House Republicans have done our job to responsibly raise the debt ceiling in a way that saves taxpayers an estimated $4.8 trillion and reassures the world that the full faith and credit of the United States is in good standing,” said Rep. Rose. “President Biden and Senate Democrats must listen to the American people—including several elected officials in their own party—and come to the negotiating table instead of recklessly playing partisan politics with America’s fiscal house. I was proud to vote ‘Yes’ on the Limit, Save, and Grow Act which will go a long way towards saving hardworking Tennesseans their taxpayer dollars.”

The bill, H.R. 2811 or the Save, Limit, and Grow Act of 2023:

• Establishes spending levels for Fiscal Year 2024 at Fiscal Year 2022 levels (where the federal government was just four months ago before passing an omnibus in December of 2022) and allows for 1% annual growth over the next 10 years
  • SAVINGS: approx. $3.6 trillion
• Reclaims Unspent Covid Funds
  • SAVINGS: approx. $50-60 billion
• Defunds Biden’s IRS Army
  • SAVINGS: approx. $71 billion
• Repeals “Green New Deal” Tax Credits
  • SAVINGS: approx. $271 billion - $1.2 trillion
• Prohibits Biden’s Student Loan Giveaway to the Wealthy
  • SAVINGS: approx. $465 billion
• Strengthens the Workforce and Reduces Childhood Poverty
  • SAVINGS: approx. $120 billion
• Includes the REINS Act to help Congress block efforts by Presidents of both parties to spend money outside of the normal process
• Includes HR 1, which would unleash reliable, cleaner American-made energy
• Lifts the debt ceiling through March 31, 2024, or by $1.5 trillion (whichever occurs sooner)

U.S. Representative John Rose is currently serving his third term representing Tennessee’s Sixth Congressional District and resides in Cookeville with his wife, Chelsea, and their two sons, Guy and Sam. The Sixth District includes Cannon, Clay, Cumberland, DeKalb, Fentress, Jackson, Macon, Overton, Pickett, Putnam, Smith, Sumner, Trousdale, Van Buren, and White counties as well as portions of Davidson, Scott, Warren, and Wilson counties. Representative Rose is an eighth-generation farmer, small business owner, and attorney, and currently serves on the House Financial Services Committee and House Agriculture Committee.

Original source can be found here.