KEY VOTE ALERT
“YES” on Full Faith and Credit Act (HR 807)
The Club for Growth urges all House members to vote “YES” on the Full Faith and Credit Act (HR 807) sponsored by Rep. Tom McClintock. Consideration of the bill is expected in the next few weeks. The vote on this bill will be included in the Club’s 2013 Congressional Scorecard.
If enacted into law, this bill would take default off the table if Congress cannot come to an agreement on what to do with the debt ceiling if it is breached.
The bill codifies and mandates the Treasury Secretary’s authority and ability to pay, above all other public expenditures, the principal and interest on the government’s debt held by the public. This is a common sense plan that will help reduce anxiety in the financial markets and reassure credit agencies.
Our Congressional Scorecard for the 113th Congress provides a comprehensive rating of how well or how poorly each member of Congress supports pro-growth, free-market policies and will be distributed to our members and to the public.