MAIN STREET CAUCUS CALLS ON BIDEN TO NEGOTIATE SPENDING REFORMS

Washington, D.C. — Today, members of the Republican Main Street Caucus sent a letter to President Biden and Senate Majority Leader Schumer urging them to negotiate in good faith with Speaker McCarthy on the Limit, Save, Grow Act to lower spending and responsibly raise the debt limit.

The letter highlights the disappointment Main Street members feel that the president delayed for 97 days following his initial meeting with the Speaker and once the most recent meeting occurred, still failed to produce a plan or negotiate.

“Publicly and during the meeting, you doubled down on your demand that Congress pass a clean debt limit increase,” said 55 members of the caucus. “However, such a proposal does not have enough support to pass the Senate or the House.”

The members urged President Biden and Senator Schumer to advance the Limit, Save, Grow Act, pragmatic legislation that limits federal spending and includes bipartisan provisions such as H.R. 1, the Lower Energy Costs Act, to restore American energy security.

“The majority of Americans believe federal spending has grown out of control,” said the members. “They support a reasonable plan to reduce spending, limit budget increases, and grow our economy.”

Members of the Main Street Caucus will continue to urge the President and Leader Schumer to come to the table and negotiate in a bipartisan fashion and find a solution to the twin crises of out of control spending and raising the debt limit.

Read the full letter here.

###