Congressman Mo Brooks to Vote Against Financially Irresponsible $2 Trillion Debt Increase
July 24, 2019
July 24, 2019
WASHINGTON, July 24 -- Rep. Mo Brooks, R-Alabama, issued the following news release:
Wednesday, Congressman Mo Brooks (AL-05) delivered a House Floor speech announcing he will vote against a spending bill that helps increase America's debt by another $2 trillion in just two years, to more than $24 trillion. This additional $2 trillion debt increases America's annual debt service cost by yet another $40 billion/year (assuming an historically low 10 year treasury bill yield of 2%).
Wednesday, Congressman Mo Brooks (AL-05) delivered a House Floor speech announcing he will vote against a spending bill that helps increase America's debt by another $2 trillion in just two years, to more than $24 trillion. This additional $2 trillion debt increases America's annual debt service cost by yet another $40 billion/year (assuming an historically low 10 year treasury bill yield of 2%).