“Fake spending cuts by fake conservatives,” Rand Paul
The debt ceiling agreement appears to be a resounding win for Democrats. Axios reporter Andrew Solendar said that a senior House Democrat told the outlet that “Most [Democrats] are surprised by how modest the concessions appear to be.”
“Right now, the Democrats are very upset,” McCarthy said. House Democratic leader “Hakeem [Jeffries] told me, there’s nothing in the bill for them. There’s not one thing in the bill for Democrats.”
That was news to Jeffries, who said in a CBS News “Face the Nation” interview: “I have no idea what he’s talking about, particularly because I have not been able to review the actual legislative text,” Axios reported.
McCarthy toned it down by Sunday afternoon.
“It is not everything everybody wanted, but I think it is a very positive bill,” he told reporters later in the day.
Asked whether he could get Democratic votes for a bill he cast as a total GOP victory, McCarthy said: “We raised the debt ceiling, we negotiated in good faith with the president. … There’s a lot in here for both sides.”
Rep. Jared Moskowitz (D-Fla.) characterized the fact that the bill raises the debt ceiling into 2025 as a “huge win” for Biden, but conceded McCarthy has “worked the public relations of this, in my opinion, to great effect.”
The Resounding Win
McCarthy is spinning a tale or doesn’t understand what he agreed to.
McCarthy actually told his members on a Saturday night conference call that he made zero concessions to Democrats.
Here is one example. McCarthy and his investigators boast that the deal “restart[s] student loan repayments,” but the White House said that it simply “codifies an end to the pause — which the administration had planned to end on September 1.”
Conservatives say the White House is correct.
Here are more concessions:
- Increase spending.
- Keep the green new deal.
- Keep the student loan bailout.
- Keep almost all the IRS funding. Most of the soon-to-be 87,000 IRS agents will be protected to hound gig economy workers and other low to middle-class workers.
- Not enforceable. They say it is enforceable, but there aren’t any legal mechanisms to enforce it.
- Increase the debt ceiling by about $4 trillion over two years to avoid a pre-2024 election fight. It’s unlimited in that it will remain uncapped until Jan. 1, 2025. By Jan 2025, we will have a $36 trillion debt.
Senior House Dem tells @Axios that if the Progressive Caucus doesn’t whip against the debt ceiling deal, “I expect the vast majority (and perhaps 100%) of Democrats to support it.”
“Contingent on final text, most are surprised by how modest the concessions appear to be.”
— Andrew Solender (@AndrewSolender) May 28, 2023
The only Good Debt Ceiling Deal is NO DEBT CEILING DEAL! For Biden to Balance the Budget and every other president going forward.
And then there’s McCarthy’s most obedient water-carrier, the new “if you make me Chair of the House Judiciary, Kevin, I’ll make you Speaker” turncoat, Jim Jordan, and his take on the McCarthy “deal,” … “If I understand, for the first time in U.S. history, we’re spending less money than the year before. That seems like a pretty darn good deal… Read more »
“Democrats see the debt ceiling deal as a resounding win” because IT IS A RESOUNDING WIN for them. There are NO spending CUTS. In fact, according to Chip Roy’s charts, there’s an overall $2.5B INCREASE over and above what the House just recently voted as the limit to spending ($1.5B) … for a total of $4B in upcoming spending, AS… Read more »
Oops. Not Bs, but Ts … trillions in the second paragraph, not billions.
It is another incredible and predictable betrayal. The dems got an obvious victory. The deals worked on by Mitch and Ryan over the years were a delight to democrats. One of the deals they said was beyond their wildest dreams. McCarthy was Ryan’s top sidekick. Scalise is to the left of McCarthy. The party has been taken over by the… Read more »
‘Lotta’ spin involved here…on both sides??? “The more things change the more they remain the same…”
The debt is a major obstacle in our economy and is a road leading to disaster. The US is not and will not survive other than in name with this path, regardless of spin.