November 4, 2024
Some conservatives in the House pledged to oppose the debt ceiling deal struck by House Speaker Kevin McCarthy (R-CA) and President Joe Biden within hours of the release of a final draft.

Some conservatives in the House pledged to oppose the debt ceiling deal struck by House Speaker Kevin McCarthy (R-CA) and President Joe Biden within hours of the release of a final draft.

Biden and McCarthy reached an agreement over the weekend to raise the debt ceiling and cut spending after weeks of negotiations over what Republicans wanted in exchange for a debt limit hike.

CURRENT CLIMATE: INSIDE BIDEN’S EMBATTLED ENVIRONMENTAL AGENDA

But some House Republicans expressed outrage after seeing the outlines of a deal that fell far short of the cuts and reforms they wanted.

Rep. Lauren Boebert (R-CO) knocked what she saw as an emerging “compromise deal” on Saturday and said the Republican House majority could “do better” than what McCarthy accepted.

Her criticism reflected a growing number of GOP lawmakers who felt McCarthy did not lean into the leverage he had when negotiating with Biden.

Rep. Ralph Norman (R-SC) said the agreement contains “virtually no cuts” to spending.

The agreement will cap nondefense federal spending in fiscal 2024 at its present level and allow a 1% increase in spending in fiscal 2025.

Conservatives, such as Rep. Chip Roy (R-TX), had pushed for spending levels next year to revert to fiscal 2022 levels and to lay out a deficit reduction plan that brought the deficit down more than $4.8 trillion over the next decade.

Roy, who is one of at least eight Republicans already planning to vote against the deal, said the agreement looked unacceptable even before the text of the legislation was released.

More GOP lawmakers have criticized the deal since its release, so that number is likely to grow in the days ahead.

Roy was concerned, among other things, about welfare work requirements that he described as “weak.”

The debt ceiling deal raised the age for which able-bodied adults without dependents must continue working at least 20 hours a week to remain on food stamps.

Roy also criticized the green energy subsidies, which Democrats passed in the Inflation Reduction Act, that McCarthy failed to rescind in the deal.

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

Rep. Ken Buck (R-CO) said Republicans should be concerned that most Democrats appear poised to vote for the deal — a sign, he said, that Democrats got more of what they wanted.

Rep. Dan Bishop (R-NC) lamented the length of the deal McCarthy struck because it locked in some changes until 2025.

Bishop expressed concern that so much of the $80 billion in new IRS funding that Democrats voted for last year will remain in the agency’s coffers. The debt ceiling deal cuts $10 billion of that each of the next two years, for a total of $20 billion in clawbacks, but the federal government will have the ability to spend that money elsewhere rather than put it toward reducing the deficit.

Leave a Reply