Speaker McCarthy (R-CA) and Joe Biden ended the drama this weekend over the debt ceiling "crisis."
I lost count of how many times I said this drama would all play out in time, and it did.
McCarthy took a big victory lap Sunday morning after the deal was reached, but he may end up having more Democrats votes for the bill than Republicans, reports Fox News.
A Win?
There were some substantial cuts to the bill, and Joe Biden got a significant raise to the debt ceiling.
The question is if Republicans sold out or if McCarthy really got some key concessions in the deal. To hear McCarthy talk on Sunday, this was a monster win for conservatives.
House Financial Services Chair Patrick McHenry (R-N.C.) stated, "This is the biggest set of spending cuts and substantial change from the spending of the last two years for this administration, that is, that is changing the trajectory of the fiscal house here in Washington."
He added, "But in terms of the fiscal house, you want to understand what's happening now. We have spending caps in place, spending caps take nondefense discretionary spending down to $704 [billion]. And we hold vets harmless. So this means that for nondefense, non-veteran spending, there are significant cuts year over year."
Rep. Roy (R-TX) was less enthusiastic about the deal, calling it a "turd sandwich."
Roy stated, "1st – the leadership playbook is to line up cheerleading on phone calls to demonstrate 'unity.' 2nd, not 95% – I know of more no's than that already. 3rd – they haven't been educated yet on what a turd-sandwich this 'deal' is. They will be," reports The Hill.
Roy further stated that he will rally Republicans to reject the deal, hence the belief that more Democrats could support this deal than Republicans.
McCarthy may believe he has a big win here, but he better sell it to everyone because if more Dems vote for this bill than Republicans, McCarthy walks away with egg on his face and significant resistance in the House as he moves forward.
Source: Fox News
