Some Democratic leaders have admitted some losses in the debt ceiling negotiations, but have urged their colleagues to vote “yes” regardless.
Former House Majority Leader Steny Hoyer (D-MD), according to Congressional reporter Max Cohen, has been pressing his colleagues to vote “yes” despite their reservations.
“Despite these setbacks, we must save the American economy from Republicans’ irresponsible and radical plans to impose a damaging default. The failure to do so would have catastrophic impacts on every American, every family, and the global economy,” according to Hoyer.
“We cannot allow the American people to shoulder the dire consequences of Republicans’ inability and unwillingness to govern. That’s why I urge my colleagues to join me in supporting this compromise legislation and to bring an end to this needless economic turmoil,” he continued.
Steny Hoyer urges House Dems to back debt limit deal, despite acknowledging some negative policy outcomes.
“I urge my colleagues to join me in supporting this compromise legislation and to bring an end to this needless economic turmoil." pic.twitter.com/5mruxb0VrP
VISIT OUR YOUTUBE CHANNEL— Max Cohen (@maxpcohen) May 28, 2023
According to Breitbart News, Republican House Speaker Kevin McCarthy made some crucial concessions on the debt limit agreement.
“Republicans are poised to deliver big, consequential change in Washington. Soon, we will vote for a responsible debt limit agreement that stops Democrats’ reckless spending, claws back unspent COVID funds, blocks Biden’s new tax schemes, & much, much more,” Speaker McCarthy said when the package was announced.
Former Republican Speaker Newt Gingrich took to social media to praise the deal McCarthy achieved.
“The Debt limit deal is a dramatic victory for Speaker McCarthy and House Republicans. Before they passed their history changing bill no one would have believed it possible to cut spending, reestablish work requirements, reform permitting for energy and infrastructure and more”
The Debt limit deal is a dramatic victory for Speaker McCarthy and House Republicans. Before they passed their history changing bill no one would have believed it possible to cut spending, reestablish work requirements, reform permitting for energy and infrastructure and more
— Newt Gingrich (@newtgingrich) May 28, 2023
Some Republicans, such as Senator Lindsey Graham (RINO-SC), have raised reservations about the bill’s provisions, such as defense expenditure.
The RINO senator told Fox News Sunday, “I respect Kevin McCarthy. I want to raise the debt ceiling. It would be irresponsible not to do it. I want to control spending. I’d like to have a smaller IRS. I’d like to claw back the unused COVID money. And I know you can’t get to perfect, but what I will not do is adopt the Biden defense budget and call it as success.”
“Kevin said the defense is fully funded. If we adopt the Biden defense budget, it increases defense spending below inflation. A 3.2 increase is below inflation. The Biden defense budget takes Navy from 298 ships to 291, at a time when China is going to increase their navy by almost a third,” he continued.
