Press Release | Press Releases | THE NEWSROOM | Republican LeaderSkip to primary navigation Skip to content×Close THE NEWSROOMRemarks Press Releases The Leader Board Op-Eds Videos SENATE RESOURCESRepublican Senators Committees Congressional Record Congress.gov Senate Floor Webcast ABOUT LEADER McCONNELL×Close THE NEWSROOMRemarks Press Releases The Leader Board Op-Eds Videos SENATE RESOURCESRepublican Senators Committees Congressional Record Congress.gov Senate Floor Webcast ABOUT LEADER McCONNELLxxsearchxMENUFacebookTwitterInstagramFacebookTwitterInstagramVisit Senator McConnell's site here THE NEWSROOMRemarks Press Releases The Leader Board Op-Eds Videos SENATE RESOURCESRepublican Senators Committees Congressional Record Congress.gov Senate Floor Webcast ABOUT LEADER McCONNELLxxsearchxMENUHomeTHE NEWSROOMPress Releases05.28.23McConnell Applauds Bipartisan Agreement to Rein in Reckless SpendingWASHINGTON, D.C. – U.S. Senate Republican Leader Mitch McConnell (R-KY) issued the following statement:“The United States of America will not default on its debt. Today’s agreement makes urgent progress toward preserving our nation’s full faith and credit and a much-needed step toward getting its financial house in order. I am especially grateful to Speaker McCarthy and House Republicans for their work to ensure that a debt limit increase comes with serious steps to rein in Washington Democrats’ addiction to reckless spending.“The agreement the Speaker reached with President Biden sets meaningful limits on the Administration’s spending agenda. At the same time, it secures permitting reforms and reinforces the link between federal assistance and work.“The Senate must act swiftly and pass this agreement without unnecessary delay.”###PrintEmailTweetNextPreviousTHE NEWSROOMSENATE RESOURCESABOUT LEADER McCONNELLFacebookTwitterInstagram