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Rep. Sherrill Votes to Keep Government Funded, Avoid the Fiscal Cliff

September 21, 2021

Continuing Resolution Also Includes Emergency Supplemental Aid for Afghan Allies Resettling in the United States, Families Impacted by Hurricane Ida

Washington, DC –– Representative Mikie Sherrill (NJ-11) voted today for a continuing resolution that will simultaneously keep the government funded through December 2021 and avoid a dangerous default on the Federal Debt.

The continuing resolution also includes emergency supplemental funding that will assist Afghan allies who are relocating in America after being evacuated and will provide further assistance for the victims of Hurricane Ida, including those in northern New Jersey.

Following her vote for the continuing resolution, Rep. Sherrill released the following statement:

"Today, we passed a continuing resolution that will keep the government funded through December 2021 and avoid a dangerous default on the Federal Debt. Such a default, or even a delay, would cost hundreds of thousands of jobs and reduce Americans' savings by tens of billions of dollars.

"We're continuing to battle a pandemic, rebuild the economy, get families and communities back to work, and make the investments that will keep our nation competitive for decades to come. This is no time to be playing games with the lives and livelihoods of the American people and threatening to force the United States into default.

"This continuing resolution also includes crucial emergency supplemental funding to help resettle the Afghan allies and their families whom we evacuated from the country and provides additional disaster assistance to those still reeling from the impacts of Hurricane Ida.

"In the aftermath of the flooding New Jersey experienced as a result of Ida, I toured towns throughout NJ-11 and spoke with dozens of mayors about the damage and loss. The stories and scenes were heartbreaking. Despite fighting for and securing major disaster declarations for most of the affected area, including Essex and Morris Counties, our communities still desperately need the support included in this emergency supplemental.

"This continuing resolution will allow us to keep the government open, provide our communities the resources they need, and avoid economic catastrophe for families across the country. I'm proud the House took this crucial first step today, and now I'm urging my colleagues in the Senate to do right by the American people by sending this continuing resolution to President Biden's desk."

The Government Accountability Office found that the debt ceiling crisis in 2011 raised borrowing costs by $1.3 billion in just that year - costs that had to be paid by taxpayers. Using GAO's analysis, the Bipartisan Policy Center found that the cost to taxpayers over ten years from the 2011 crisis was almost $19 billion. A prolonged delay in raising the debt ceiling this year could create similar long-term costs to taxpayers, as well as risks to the broader financial system and economy that could harm job creation and household savings.

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Issues:Economy