Mr. Speaker:

On Wednesday, the Democratic Whip charged that the Full Faith and Credit Act places America at risk of default. As Churchill once said, “It would not be possible to state the opposite of the truth with greater precision.

Quite the contrary, this measure guarantees that whatever political storms are raging in Washington, America’s debt will ALWAYS be paid IN FULL and ON TIME.

I would remind him that if the full faith and credit of the United States is ever compromised – all programs are jeopardized. This bill protects the public credit so the public credit can protect seniors AND disabled veterans and all of our other obligations.