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Pelosi Statement on Legislation to Lift the Debt Ceiling

Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement today after House Republican leadership announced a plan to bring a clean bill to lift the debt ceiling up for a vote:

“The Fourteenth Amendment to our Constitution declares that ‘the validity of the public debt of the United States, authorized by law…shall not be questioned.’  That has always been the standard upheld and advocated by House Democrats.

“In each of my conversations with Speaker Boehner, I conveyed the support of the Democratic Caucus for a clean bill to lift the debt ceiling.  Now, we have been informed that the Republican leadership will bring such legislation to the floor tomorrow.  This action is consistent with the intent of our Constitution and with the best interests of the American people.

“When this measure passes, Congress will state unequivocally that the full faith and credit of the United States is not in doubt.  I thank my Democratic colleagues for never wavering from this position and for standing firm on behalf of all Americans.”