GOP’s Guy Reschenthaler lauds Republicans for making ‘historic moves’ on debt ceiling.

GOP Deputy Whip Praises Republicans for Debt Ceiling Bill

“Historic steps” have been taken by the Republican party to address the “out-of-control debt,” according to GOP Chief Deputy Whip Guy Reschenthaler (R-PA). On Wednesday afternoon, Reschenthaler applauded the party for their efforts, highlighting key aspects of the bill, such as rescinding leftover COVID-19 funds and capping spending for the next two years.

Biden Works to Push Debt Ceiling Deal Over the Finish Line

Reschenthaler also expressed his support for the bill’s provision that completes the Mountain Valley Pipeline. “MVP is near completion, for the last 14 miles — there’s just 14 miles left — the last 14 miles are being held up by extreme, radical, far-left judges,” Reschenthaler said. “When completed, this pipeline will help reduce costs for hardworking Americans in South Carolina, North Carolina, and Virginia.”

He added that the pipeline would create “thousands” of jobs and “direct investment” for Midwestern and eastern states like Pennsylvania, Ohio, and West Virginia.

“Mr. Speaker, I support the rule in the underlying legislation. I urge my colleagues to do the same,” Reschenthaler said.

The House passed the debt ceiling bill on Wednesday evening with large bipartisan support. The Senate plans to “move quickly” on passing the bill, Senate Majority Leader Chuck Schumer (D-NY) said following the rule’s passage. However, a single senator has the ability to delay the process, a prospect Schumer worries could cost valuable time.

Key Takeaways:

• Reschenthaler praised Republicans for taking “historic steps” to address the national debt.
• The Mountain Valley Pipeline provision was highlighted as a key aspect of the bill.
• The House passed the debt ceiling bill with large bipartisan support.
• The Senate plans to “move quickly” on passing the bill, but a single senator could delay the process.

Treasury Secretary Janet Yellen recently moved the “X-date,” the date the United States will default on its debts, to June 5. Her previous estimate had the date as June 1.

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