Some members of the House Freedom Caucus said that a proposed deal announced by House Speaker Kevin McCarthy (R-Calif.) to raise the debt ceiling for two years ahead of a possible federal government default doesn’t go far enough.
Negotiators are now racing to finalize the bill’s text. McCarthy said Saturday that House will vote on the legislation on Wednesday, giving the Senate time to consider it before June 5, the date when Treasury Secretary Janet Yellen has said the United States could default on its debt obligations if lawmakers did not act in time.
But Rep. Andrew Clyde (R-Ga.), one of the House Freedom members, wrote that he would pass on the proposed deal. “A $4 trillion debt ceiling increase? With virtually none of the key fiscally responsible policies passed in the Limit, Save, Grow Act kept intact? Hard pass. Hold the line,” he wrote on Twitter Saturday.
“I listened to Speaker McCarthy earlier tonight outline the deal with President Biden and I am appalled by the debt ceiling surrender. The bottom line is that the U.S. will have $35 trillion of debt in January, 2025. That is completely unacceptable,” Rep. Ken Buck (R-Texas) wrote on Twitter, echoing statements made by other caucus members.
“A $4T debt ceiling increase with virtually no cuts is not what we agreed to. Not gonna vote to bankrupt our country. The American people deserve better,” wrote Rep. Ralph Norman (R-S.C.) on the social media platform, while Rep. Chip Roy (R-Texas) wrote Sunday that the proposal includes “ZERO claw back of the $1.2 Trillion ‘inflation reduction act’ crony giveaways to elite leftists for grid-destroying unreliable energy.”
The agreement would keep non-defense spending roughly flat in the 2024 fiscal year and increase it by 1 percent the following year, as well as provide for a two-year debt-limit increase—past the next presidential election in 2024, an anonymous source told The Associated Press over the weekend. The final details of the proposal have not yet been released to the public.
Some conservatives expressed early concerns that the compromise does not cut future deficits enough, while Democrats have been worried about proposed changes to work requirements in programs such as food stamps.
But McCarthy defended his “agreement on principle” debt ceiling deal with President Joe Biden on Sunday amid the criticism. The speaker acknowledged that some Republicans may not have got everything they wanted in the legislation but said that Democrats received little in concessions.
“Maybe it doesn’t do everything for everyone, but this is a step in the right direction that no one thought that we would be able to today,” McCarthy told Fox News in an interview on Sunday. “I’ll debate this bill with anybody,” he continued. “Is it everything I wanted? No, because we don’t control all of it. But it is the biggest recession in history. It is the biggest cut Congress has ever voted for in that process.”
Meanwhile, McCarthy suggested that the majority of his Republican conference would back the tentative deal with the Biden administration, which would raise the debt ceiling for another two years at the least. He also touted the bill, which he said would be about 150 pages, as a win for the GOP after the Biden administration held out on negotiations for several months.
“I think you are going to get a majority of Republicans voting for this bill,” McCarthy said in the interview. “We were able to do this when the president said he wasn’t even going to talk to us,” he added. “Right now, the Democrats are very upset.”
Before Saturday’s announcement, some members of the House Freedom Caucus said that McCarthy should stand firm in debt negotiations.
“First, President Biden delayed engagement with Congress for months on the debt ceiling and, now that he is engaging, press reports indicate he is pushing to water down the provisions of the House-passed Limit, Save, Grow Act while simultaneously demanding a debt ceiling increase of $4 trillion or more (well beyond the $1.5 trillion provided in the House bill),” 35 Republican lawmakers wrote last week.
And they added: “In response to the President’s preposterous position, we encourage you to add additional provisions to the Limit, Save, Grow Act such as the inclusion of the recently passed Secure the Border Act and the end to funding for the FBI’s massive (larger than the Pentagon) new headquarters.”
Republicans had also sought to repeal Biden’s efforts to waive $10,000 to $20,000 in debt for nearly all borrowers who took out student loans. But the provision was a nonstarter for Democrats. The budget agreement would keep Biden’s student loan relief in place, though the Supreme Court will have the ultimate say on the matter.
The Associated Press contributed to this report. Article cross-posted from our premium news partners The Epoch Times.
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Blah blah blah at the freedom caucus. They caved and let mccarthy take the gavel. Now they are complaining. They are just grifters and rino light. Btw where are the j6 tapes kevin?
What does a free people have in common with bondage? NOTHING.
Republicans act like COMPROMISE is a good thing…its pure evil. Its trading liberty for Government Bloat. Its insane.
LIBERTY BY THEIR OATHS OF OFFICE IS NEVER FOR SALE MCCARTHY…STEP DOWN NOW…YOU ARE AN ENEMY IF THE US CONSTITUTION AS YOU ENRICH YOUR OWN POCKETS!
This is all about the rich, grabbing as much wealth as they can, before their greed causes the world to collapse. What they fail to realize is, when they come out of the mountains or out of their doomsday bunkers, the survivors of their global collapse will be waiting for them. They will not die as kings and queens. They will die as curs.
Just say NO!
Freedom?
I demand to see a notarized copy of each representatives signed and notarized’Oath of Office ‘ from the Federal Registers Office STAT.
I will NOT be paying any more taxes until it is proven they’ve the legal right under Federal Statute to be permitted to be Federal Officials, and to do so BY LAW requires them to have the document I requested filed within a month of taking office .
If no such documents exist then ALL they’ve done in null and void according to the same Federal Statues and Laws.
Remove McCarthy as speaker, was that not the agreement if he was given the speaker’s position after all the voting his promise to be held accountable? Honestly I am surprised he held out this long. Every republican that is meek about the sodomy committed on the American people deserves nothing.
Shame on any of them who vote yes!
They will go down in history as having committed treason on our nation. Shame on everyone of them. So not surprised that McCarthy is a RINO too. They make me sick.
No one will remember anything. We are a nation of SAS, short attention span.
And to think Trump ran from all this like a coward. HE IS THE PROBLEM AND WE ARE WHERE WE ARE BECAUSE OF HIM!! DON’T BE CONNED BY THE DON AGAIN!!
TDS is a real disease. Seek out help.
Stay on topic please. What has T to do with this. This is between your hero Biden and McCarthy. No one heard of Trump being involved in these “negotiations.
He’s a TDS suffering groomer democrat troll, what do you expect..they are all brain damaged….
Untrue. Trump pushed McCarthy on the house republicans.
It is highly disappointing. It appears, from what little that has been described, that McCarthy allowed a cognitively challenged grifter win this battle. Why two years? This let’s the Dems/rinos get past the election without taking flack over the gross spending. It also allows the Pentagon to continue the worthless wokeism started by Austin and Milley – simply not acceptable. He promised to stop the 87000 new IRS employees, probably to be armed too. He has back stabbed the middle class citizen.
Move to vacate McCarthy…he lied to us yet again……..
GEE, that DOESNT give the deep state an nearly UNLIMITED BUDGET to carry out another CIA LED election COUP in 2024…. DOES IT?
Class, anyone? CLASS?
Where do you think many of the billions we supposedly sent to Ukraine went. It was back channeled to the election riggers for 2024.
The flood of illegals reduces the need to actually rig the votes. Be assured there is a plan in place to get these people to the polls in 2024. If done covertly, anyone who protests will be labeled conspiracy nuts and jailed. If it is to be done overtly, McCarthy will back it 100%.
McCarthy promised no NEW 87,000 IRS agents if he were elected, he LIED.
I assume he also gave the FBI $500,000,000 for a new headquarters building while they tell him to go pound sand on Biden documents, another fake promise and another LIE.
We were supposed cut the Biden $4 trillion ceiling to $1.5, we got almost nothing, almost zero, another LIE.
F_ _ k Joe Biden, NO ……F _ _ k Kevin McCarthy.
I will never vote for any Republican who votes for this disaster $35 trillion debt by 2025!
Where are the J6 tapes McCarthy came on TV and lied to us that we were going to see the videos. I kust now admit that conservative are as much liars as the democrats. F the vote, I won’t be voting again because you can’t believe any of them and Trump pushed McCarthy on the House republicans and onto us as well. you hve to to question Trumps loyalty radar.
Who needs a cabal of conservatives calling themselves the Freedom Caucus after they gave this weasel from California the gavel? Fool me once, so on and so on.
So the trick to contending with the congressional debt ceiling is to simply remove the congressional debt ceiling. Brilliant. How was this not implemented years earlier.
Clown World.