HomePoliticsHard-Right Republicans Gird for ‘War’ on Debt Ceiling Deal - UnlistedNews

Hard-Right Republicans Gird for ‘War’ on Debt Ceiling Deal – UnlistedNews

The White House and Republican congressional negotiators worked around the clock as Memorial Day weekend began, trying to reach a deal to raise the nation’s debt ceiling and avoid a fiscal crisis, to mounting complaints. among the extreme right that President Biden had won the game. talks.

Rep. Patrick T. McHenry, a North Carolina Republican and one of the lead negotiators, told reporters on Capitol Hill on Saturday that the parties were “hours or days” away from reaching an agreement.

“I think we’re all tired,” said McHenry, who has been involved in negotiations for 11 days. “But that doesn’t mean we’re willing to take something we think is not acceptable. The Republican members of our House expect us to fight for a good deal.”

After a night of negotiations Friday that continued into Saturday morning, Chairman Kevin McCarthy returned to the Capitol after lunch with a takeout box for the dozens of reporters who had camped out waiting for the news.

“I don’t know about today,” McCarthy said when asked if a deal could be reached on Saturday. However, McCarthy said he was “optimistic” about a deal and that he would brief his members on the full bill before briefing the press.

For days, top White House officials and Republican lawmakers have been hovering over a deal that would raise the debt limit for two years and place strict limits on discretionary spending not related to the military or veterans for the same period. .

Biden began negotiating with McCarthy this month after weeks of insisting that Congress raise the debt ceiling without conditions. Democrats have accused Republicans of holding the economy hostage over their demand for deep spending cuts, while Republicans have raised concerns about the country’s mounting $31.4 trillion federal debt.

It became more apparent on Saturday that McCarthy would need Democrats to back any deal he makes with President Biden to pass the legislation, as lawmakers from the ultra-conservative House Freedom Caucus sharply criticized the contours of the emerging deal.

“Total capitulation in progress. On the side that holds the cards. fume Representative Dan Bishop, a Republican from North Carolina and a member of the caucus.

Most lawmakers not directly involved in the negotiations have traveled to their districts for the weeklong Memorial Day break, but 35 members of the Freedom Caucus have tried to pressure McCarthy not to back down on the demands. Republicans to restrict federal spending for 10 years. repeal additional money for the Internal Revenue Service, cut clean energy tax credits, and recover unspent funds to combat Covid-19.

McCarthy said critics of the deal’s terms don’t know the details, and Republican negotiators said they remained steadfast in demanding stricter labor requirements for social safety net programs as part of a deal.

“No way. It’s not happening,” Rep. Garret Graves, a Louisiana Republican and one of the negotiators, told reporters on Friday about the possibility of dropping the job demand.

But that’s probably not enough for members of the House Freedom Caucus.

“If labor requirements are what becomes the centerpiece of a ‘deal,’ then there should be no deal,” Rep. Chip Roy, a Texas Republican and caucus member, wrote on Twitter. “Speaking of holding the wrong line.”

Mr Bishop has threatened a legislative “war” on the deal if it amounts to little more than a “clean” debt ceiling increase that takes the issue off the table after the 2024 election.

Treasury Secretary Janet L. Yellen said Friday that the United States would run out of money to pay its bills by June 5, allowing a little more time than the previous estimate, and kept up the urgency that leaders Congress reach an agreement to increase or suspend the debt limit. A default would trigger a cascade of potential problems for the US economy.

Democrats have tried to make sure the public blames Republicans if the country defaults.

“MAGA Republicans have manufactured a predetermined crisis, and it is veterans, seniors and working families who will pay the price,” Rep. Katherine M. Clark of Massachusetts, the No. 2 Democrat in the House, wrote on Twitter.



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Sara Marcus
Sara Marcushttps://unlistednews.com
Meet Sara Marcus, our newest addition to the Unlisted News team! Sara is a talented author and cultural critic, whose work has appeared in a variety of publications. Sara's writing style is characterized by its incisiveness and thought-provoking nature, and her insightful commentary on music, politics, and social justice is sure to captivate our readers. We are thrilled to have her join our team and look forward to sharing her work with our readers.
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