Tea Party Patriots Action (TPPA), the national conservative nonprofit group founded at the height of the Tea Party Movement, is condemning House Speaker Kevin McCarthy (R-CA-20) for negotiating an increase of $4 trillion to the national debt over the next 18 months and calling on House Republicans to vote against the bill.
Over the weekend, President Joe Biden and McCarthy negotiated The Fiscal Responsibility Act of 2023, which, among other policy changes, provides for a $4 trillion increase in the federal debt limit and suspends the federal debt limit until January of 2025.
The bill, which is 99 pages long, is set to be voted on in the House on Wednesday.
In a statement, TPPA Honorary Chairman Jenny Beth Martin said, “The debt ceiling deal is a rotten deal for Americans, and every Member of Congress should vote against it. President Biden got the better end of the deal and Republicans in Congress should hold the line and vote against it so a better deal can be struck. We were promised $4.8 trillion in spending cuts over a decade. In fact, that’s what House Republicans passed last month. Now, instead, we learn that Speaker McCarthy negotiated adding $4 trillion to the debt over the next 18 months.”
Martin (pictured above, right) added, “Our nation is in a perilous situation with the debt. It’s unconscionable that a Republican Speaker is negotiating with President Biden to add to the national debt.”
“Our message to all Members of Congress is to vote no on the Biden-McCarthy debt deal, and to those who vote for the Biden-McCarthy deal: We will not forget it. November 2024 is just around the corner,” she said.
Why I will oppose the #DebtCeiling “deal.” It’s not a good deal. Some $4 Trillion in debt for – at best – a two year spending freeze and no serious substantive policy reforms. #NoDeal pic.twitter.com/C73fjSA2Fr
— Chip Roy (@chiproytx) May 29, 2023
Members of the House Freedom Caucus (HFC) argue that Biden and McCarthy’s negotiated bill differs too much from the Limit, Save, Grow Act of 2023, which passed the House in April. The bill, which was nearly supported by every House Republican, would have increased the debt limit for one year by $1.5 trillion and reduce the growth of domestic spending.
During a press conference Tuesday, HFC member Representative Chip Roy (R-TX-21) said, “Not one Republican should vote for this deal. It is a bad deal. No one sent us here to borrow an additional $4 trillion to get absolutely nothing in return.”
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Kaitlin Housler is a reporter at The Tennessee Star and The Star News Network.
Photo “Jenny Beth Martin” by Jenny Beth Martin. Photo “Kevin McCarthy” by Kevin McCarthy. Background Photo “U.S. Capitol” by Wilmer Olano.