Kevin McCarthy Urges Republicans to Support Debt Ceiling Proposal

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McCarthy makes plea for Republicans to back debt ceiling plan



CNN
 — 

In a closed-door meeting on Tuesday morning, Speaker Kevin McCarthy appealed to House Republicans to support his debt ceiling plan. He emphasized that while the plan may not encompass all their desires, it would facilitate negotiations with President Joe Biden.

McCarthy assured members that once at the negotiating table, he would advocate for additional policy provisions, highlighting that the GOP’s plan aims to strengthen their position during negotiations.

Despite expressing confidence, top House Republicans face challenges in uniting the conference behind the plan for swift passage. Finalizing key details remains pending, and some members voice frustration over omitted elements in the proposal.

House Rules Chairman Tom Cole informed CNN that the GOP’s debt limit bill is scheduled for the House floor next week. However, skepticism exists among other House Republicans regarding the feasibility of resolving specifics before the anticipated vote, potentially leading to a delayed timeframe.

House Republicans stand firm on linking any debt limit raise with expenditure reductions, contrasting the White House’s stance advocating for an unconditional raise. McCarthy’s strategy involves advancing a debt limit bill in the House to pressure the White House for negotiations, despite the bill facing potential challenges in the Democratic-controlled Senate.

The closed-door meeting marks the commencement of GOP leaders’ efforts to secure 218 votes for a proposal to elevate the debt ceiling and reduce federal spending. McCarthy outlined his plan, encompassing reclaiming unspent Covid-19 funds, implementing 10-year spending caps, prohibiting Biden’s student loan forgiveness, and enacting a GOP energy bill.

Conservative members advocate for broader inclusions, while some adamantly refuse to endorse a debt ceiling raise under any conditions, highlighting the challenge for GOP leaders in marshaling support for a proposal.

GOP Rep. Scott Perry, chair of the House Freedom Caucus, expressed discontent over the lack of clarity from House GOP leaders on their debt ceiling and spending cut plan.

Perry voiced disagreement with GOP leadership’s approach of immediate legislation to initiate negotiations with Democrats and later demanding more. During the closed-door conference meeting, Perry and other members stressed the need for additional reductions.

Rep. Kevin Hern, head of the Republican Study Committee, underscored the necessity for Republicans to unify behind a single debt ceiling plan to bolster their position in forthcoming negotiations with the White House.

Hern emphasized the importance of strong leadership, warning of consequences if unity is not achieved among Republicans.

Hern expressed readiness for an imminent vote, stressing the urgency for Republicans to consolidate their position.

GOP Rep. Don Bacon indicated ongoing deliberations on the manner and timeline for raising the debt ceiling, debating between a specific dollar amount or setting an expiration date. While some advocate for a shorter-term increase, Bacon suggested a more prolonged extension likely into the next year.
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Senate Minority Leader Kevin McCarthy indicated that some members are still advocating for additional cuts and repeals, with a focus on reducing spending. He believes that the 18 Republicans in districts won by President Joe Biden, including himself, will support the effort.

Florida Representative Matt Gaetz mentioned that negotiations on the debt ceiling are progressing but emphasized that specific details still require attention. He expressed uncertainty about the possibility of a budget deal vote in the upcoming week, highlighting the importance of ongoing discussions.

During discussions within the House GOP conference, members of the House Freedom Caucus such as Representatives Perry, Chip Roy, and Andrew Clyde pushed for increased cuts and questioned the absence of certain provisions in the proposal.

Leadership faces challenges in navigating these discussions while promoting this opportunity as a means to bolster leverage with the White House.

Debates within the GOP conference meeting revolved around the exclusion of certain elements from the debt ceiling framework, prompting questions about their omission.

Conservatives expressed discontent over the exclusion of a provision that would reclaim Internal Revenue Service enforcement funds. However, the decision not to include it was based on concerns that the Congressional Budget Office might view it as costly. Without adequate enforcement funding, the CBO could argue that lesser tax revenue would be generated.

Republicans are prioritizing revenue generation and spending cuts in their approach to the bill.

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