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National Association of Counties Issues Statement on Bipartisan Debt Ceiling Deal

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    National Association of Counties Issues Statement on Bipartisan Debt Ceiling Deal

    WASHINGTON – The National Association of Counties (NACo) today issued the following statement urging Congress to pass the Fiscal Responsibility Act of 2023, a bill to provide for an increase to the debt ceiling and avoid default on the national debt. NACo Executive Director Matthew Chase said:

    “We are pleased that the White House and Republican leadership reached a bipartisan agreement to raise the debt ceiling, delivering much-needed certainty on federal commitments to counties.

    “Governing often requires a give and take. This bipartisan compromise is a key step in safeguarding the federal-state-local intergovernmental partnership, and we urge Congress to pass this legislation.”

    WASHINGTON – The National Association of Counties (NACo) today issued the following statement urging Congress to pass the Fiscal Responsibility Act of 2023, a bill to provide for an increase to the debt ceiling and avoid def
    2023-05-29
    Press Release
    2023-05-29

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    <p>In March of 2021, the American Rescue Plan Act of 2021 authorized the $350 billion State and Local Coronavirus Fiscal Recovery Fund&nbsp;(Recovery Fund),&nbsp;which provided&nbsp;$65.1 billion in direct, flexible aid to

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    Finance, Pensions & Intergovernmental Affairs Steering Committee

    All matters pertaining to the financial resources of counties, fiscal management, federal assistance, municipal borrowing, county revenues, federal budget, federal tax reform, elections and Native American issues. Policy Platform & Resolutions 2023-2024 2023 NACo Legislative Priorities
    page

    <p>All matters pertaining to the financial resources of counties, fiscal management, federal assistance, municipal borrowing, county revenues, federal budget, federal tax reform, elections and Native American issues.</p>

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