According to House Speaker Kevin McCarthy, a deal “in principle” has been reached between himself and Joe Biden. McCarthy held a brief press conference to announced the deal; however, no details are forthcoming. WATCH:
WASHINGTON DC – … [B]oth Biden and Speaker Kevin McCarthy still have to sell their respective parties on the agreement, navigating fraught votes in both chambers. McCarthy immediately hosted a call with members after the deal was announced, calling it a “big win” and claiming Democrats didn’t get “one thing” that they wanted out of the negotiations on a member-wide conference call, according to three people on the call.
While conservative Rep. Bob Good (R-Va.) vocally criticized the agreement — saying he was “extremely disappointed” that the deal didn’t include “any meaningful cuts” — other Freedom Caucus members praised the deal, including Reps. Jim Jordan (R-Ohio) and Warren Davidson (R-Ohio). Though both said they wanted to see the text, Jordan praised McCarthy for a deal where the government is “spending less” than it did before and getting Democrats to move on work requirements.
“Seems like a pretty darn good deal to me,” Jordan said, according to one of the people on the call.
And the speaker forcefully defended the agreement after Good’s criticism, saying it could pass the Senate and that he never claimed the legislation the House passed last month would be the “end all bill.”
McCarthy concluded the call around 10:30 p.m., telling his conference that he needed to speak to the White House again and make sure the text reflected their agreement on principle. “Let’s stick together,” he said while concluding the call. Biden and McCarthy will talk again Sunday, the speaker had told reporters earlier.
In addition to lifting the $31.4 trillion borrowing cap through the 2024 presidential election, the deal in principle would keep non-defense spending roughly flat for the fiscal year that begins Oct. 1, according to a person familiar with the negotiations, falling far short of the $130 billion in cuts at fiscal 2022 levels that Republicans had originally demanded.
Non-defense spending would increase by 1 percent in 2025, followed by years of non-enforceable funding targets, according to the person familiar. Republicans had initially pushed for a decade of strict funding limits. Defense spending would be set at the level proposed in Biden’s budget for the coming fiscal year, representing a modest 3.5 percent increase over current funding levels — less than what many Republican defense hawks would’ve liked to see for the Pentagon in order to keep pace with inflation. (read more)
Spending less than before?
I can NO LONGER defend Jim Jordan.
He should never have been defended to begin with.
BIG talker, just like Trey Gowdy….
Exactly – now maybe more people will see that he is all hat – NO CATTLE. Just like the rest of them.
“As McCarthy returns from the White House talks, Charlie Brown waits to kick as Lucy holds the football….”
Shame on us for passively sitting back and watching this kabuki theatre unfold before us once again.
Every one of these charlatans should be ridden out of town on two ribbons of rust. Straight to prison.
The joke is on us……again.
Correct you are … and such TYRANNY will continue UNLESS and UNTIL a good solid majority of We The People come to understand and BEHAVE like WE ARE THE SOVEREIGNS; that We The People RUN THIS COUNTRY; that We, collectively, are the DOG THAT WAGS THE TAIL … and NOT the other way around.
MAGA
The IRS got cut. They don’t get the 80 billion!
They will have to make do with 78.1 billion!
That’ll show ’em who’s boss!
Absolute in-our-face mockery of our concern about spending. McCarthy had earned righteous criticism from the voters. What a two-faced lying POS.
98% of the 87,000 new IRS agents are still on order, on their way to MAGA people’s doorsteps.
Here’s hoping this newly funded army of IRS agents starts its massive audit program with a kick off audit of McCarthy — his own tax colonoscopy. Every “wrong-thinking” American, the middles class and small business owner, will be targeted. Especially those who cannot afford a cadre of lawyers and accountants to defend themselves. Lawfare is now joined by IRSAuditfare.
I’ll be greatly surprised if conservatives got anything out of this budget deal….
and mildly surprised if republicans got anything out of this deal….after all republicans have gotten used to their role as first losers in this kabuki theatre.
Folks,
McCarthy CAVED! 98% of the 87,000 new IRS agents stay. Read all about it here: https://www.thegatewaypundit.com/2023/05/bad-news-middle-class-98-87000-irs-agents/
Time for McCarthy to be subjected to another vote in the House – as we were promised when he was installed. But of course he won’t be.
What would you be doing if this was occurring in Cuba. “It wasn’t that long ago that Mitt Romney was threatening former Rep. Tulsi Gabbard for suggesting the US was funding biolabs in Ukraine.” Then what should Kevin McCarthy be doing. While our military helps pay for it’s development.
Russia Claims They Collected Evidence of Avian Flu Pathogens with Lethality Rate up to 40% in Humans at US Biolab in Ukraine
Russian claims can’t be taken at face value. On the other hand neither can the US claims. Nuland was concerned about the labs “falling into Russian hands”. The US claimed the labs were for surveillance of disease among livestock, which is common practice and nothing to worry about “falling into the wrong hands”
What, exactly, does “in principal” mean. How much of your spending cuts did you relinquish? There is no truth in DC
It’s hard to tell what “in principal” means when it’s coming from people who lack principles.
If means “The Lobbyists haven’t written its meaning down. So we have no clear instructions for you.”
You could also substitute the following. We are setting around Nancy Pelosi’s old bar and waiting.
Correct you are … such are weasel words; where such open-ended statements, at a minimum, need to be accompanied with the corollary that “NOTHING is AGREED UNTIL ALL IS AGREED”.
MAGA
Funding the IRS agents; probably doubling the funding of the FBI.
The beatings will stop when morale improves!
As a Treeper I expected nothing less from McCarthy, this is the Uniparty and it does what it does…presents an illusion of two opposing sides, heated debates / tough negotiations and of course “we had to make some hard concessions”.
In the end, the Republicans always ‘cave’, Democrats get most of what they want (act like they barely got anything) and the “Wheels on the bus go round and round, round and round…all day long”.
Capitol Hill is the D.C. version of an ‘Off-Broadway’ play that never ends.
McCarthy should focus on having the House pass a budget. There hasn’t been one for 15 years or more, and we keep going through this debt ceiling theater.
^This!
And the IRS agents will now attack the middle class as there was a minimal 2% cut to the 87,000 new agents. Not a good deal at all! Should’ve called the bluff and allowed a default!!
The debt ceiling is not a concern at all to me. The stealing of elections is. Hard to criticize a president that you had no impact on the election results that put him in this position and the congress is even worse. When all the states are blue you will not need states by name because that will be consider racist.
Hmmm… what’s a “non-enforceable spending target”???
Right now we are in the driver’s seat. Sign the McCostly debt ceiling fiasco and the dems have republicans over a barrel for the rest of the potatus term. Say no to McCostly, and yes to the Freedom Caucus.
The FBI was have some GOOD shit on Kevin McCavey. Maybe a video? Photos?
It is not a negotiation as much as a capitulation.
“Thank you sir! May I have another!”
Just read on gateway pundit a breakdown of the debt limit agreement.
F all involved!
Unbelievable what is in it.
McCarthy is the worst speaker of the house in history in this agreement.
A Liar!
McCarthy worked with McConnell, Pelosi and Schumer to make sure the UNIPARTY Budget passed just before he became Speaker. People pretend he didn’t–but he did.
This denied the new Republican Majority any leverage and spared McCarthy the charade of pretending to oppose it.
This Regime of Lies is not long for this world. And America belongs to Jesus, praise God!
Haggai 2
6 For thus says the Lord of Hosts: Once more, in a little while, I will shake the heavens and earth, the sea and dry land. 7 And I will shake all the nations, and they will come with the wealth of all nations, and I will fill this house with glory, says the Lord of Hosts. 8 The silver is mine, and the gold is Mine, says the Lord of Hosts. 9 The glory of this latter house will be greater than the former, says the Lord of Hosts. And in this place I will give peace, says the Lord of Hosts.
Celebrate, Child of God!
Kev lied. He always does. Saying he has slowed spending does not treat the cancer only one of the side effects.
Kev talked a big game and in the end he fooled everyone once again. He needs to lose the speakership.
Garbage bill.
Lauren Bobert
The usual establishment people are popping champagne over this debt ceiling deal.
It’s more worthy of a Bud Light.
Conservatives making these half-baked compromises year after year is exactly why we’re $31 TRILLION DOLLARS in debt right now. Eventually it has to end!
Andy Biggs
The McCarthy-Biden plan doesn’t stop, or even slow down, deficit spending.
The plan doesn’t bend the spending curve down.
The plan keeps us moving over the debt cliff with the GOP leadership’s mantra of “We’ll fight harder next year!”
Americans deserve better.
I thought the GOP’s Limit, Save, Grow Act wasn’t a good plan because it increased our debt by $1.5 trillion in a few months. But the McCarthy-Biden team produced an even more malodorous plan that will accelerate our nation’s debt, and our economic demise. What a disaster.
Chip Roy
ZERO claw back of the $1.2 Trillion “inflation reduction act” crony giveaways to elite leftists for grid-destroying unreliable energy…? 4) 98% of the IRS expansion left fully in place…? 5) no work requirements for Medicaid? – & only age adjustments for TANF/SNAP…? (2/3)
Ken Buck
I listened to Speaker McCarthy earlier tonight outline the deal with President Biden and I am appalled by the debt ceiling surrender. The bottom line is that the U.S. will have $35 trillion of debt in January, 2025. That is completely unacceptable.
Bob Good
We could negotiate a “deal” like this with a Democrat House majority. This would essentially be what they wanted.
Mike Lee
With Republicans like these, who needs Democrats?
Chip Roy
If you want the border to be secure – no member of the @HouseGOP
can vote for this #debtceiling “deal” because it will remove all leverage we have to force action on the border.
Dan Bishop
Biden and the Democrats created the debt crisis.
They need to take responsibility to fix it – not to kick the can down the road for another few years.
No Republican capitulation.
Ted Cruz
He’s right. There’s not “one thing” for Dems.
There are $4 trillion things—a blank check—for Democrats.
Plus 87,000 things: new IRS agents to harass Americans.
Tom Fitton
BREAKING: A few days after an IRS whistleblower further confirms corruption at the IRS to protect Joe and Hunter Biden, @SpeakerMcCarthy negotiates a deal with Joe Biden to preserve 70 of the $80 billion in new funding for the IRS.
All in exchange for eliminating virtually ALL of the House’s spending cuts.
GOP has got to go.
Budweiser put the wrong Kevin on the beer can
Lucy and the football………….AGAIN!!! Mc Arthy is a sellout, but he was always stupid to begin with. Remember when they had Hillary testifying a few years back and he openly told the press that the plan was to keep her out of office? What an idiot.
Soon, we’ll be seeing the local donut shop descended upon by IRS SWAT teams, tipped off network cameras will be rolling.
I only have one question for Kevy. If your spending less, why do you need to raise the debt limit?
The score right now is 150 Rs voting for and 68 Ds voting for it. I don’t think any D’s will vote yes
It won’t pass.