WASHINTGON -- U.S. Rep. Vern Buchanan late Wednesday applauded the deal that will end the government shutdown and prevent the chance of the U.S. government defaulting on its debt.
Jeopardizing the full faith and credit of the United States by defaulting on our obligations was not an option, said Buchanan, one of 285 members of the House to support the bipartisan legislation, in a statement. There is no question that we need to reduce spending and balance the budget, but not by degrading Americas credit rating and destroying our credibility. Buchanan said the congressional stalemate over the past two weeks was "a sad spectacle."
Final passage at the 11th hour came at a cost of weakened public confidence in Washingtons ability to manage the nations affairs, he said. Buchanan said Washington must now work to rein in spending.
For too long both parties have turned a blind eye to our countrys budgetary mess, Buchanan said. Its time we put an end to the irresponsible spending policies and enacted long-term policies that will keep the American Dream alive for future generations.