Business and Economics

Coats Says He Wants Budget Action

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October 11, 2013 — Congress could vote on a national debt ceiling increase this weekend, while the government operates without a budget.

As Congress considers two pending financial emergencies, opposing parties say congress needs to act now on government spending.

The federal budget expired last week, and the nation’s debt payment ability expires next week.

Indiana Republican Senator Dan Coats says Congress has an obligation to control spending, to avoid another one-trillion dollars in national debt, though Congress seems unable to compromise.

Coats says he wants Congressional action that’s tied to financial limits on the national debt while controlling the pending federal government budget in ways that defund the nation’s health care program under the Affordable Care Act.


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