Last Thursday Senator Pat Toomey introduced an amendment to an underlying debt ceiling bill that was intended to resolve the devastating impacts felt by our country if Congress is not able to come to an agreement on raising the debt limit within the next three months. The original bill already gave Congress an extension for the three month period. However, Senator Toomey contested from the Senate Floor, “[My amendment is] an attempt to absolutely minimize the disruption, the danger and the drama, it’s an attempt to get away from ‘government by cliff’ and to have a sensible approach to bringing our spending under control.”
The Toomey Amendment proposed that if Congress was unable to raise the debt limit then the federal government would be able to prioritize what was paid first, focusing on debt obligations such as paying Social Security and salary for active duty military personnel. The amendment was voted down in a strict party line vote seeing every Democrat voting to table the amendment and every Republican in favor of it.
Below is video from the floor speech Senator Toomey gave.