Why Ron DeSantis Says the Debt Deal Is ‘Totally Inadequate’

 

After President Joe Biden and House Speaker Kevin McCarthy (R-CA) announced that a deal had been reached to increase the debt limit and avoid a default, a number of conservative leaders have raised alarms that the negotiated agreement does not go far enough to address Democrats’ out-of-control spending. Among them is Florida Governor and 2024 GOP presidential candidate Ron DeSantis.

Joining Fox & Friends on Monday morning, DeSantis criticized what he called a “massive amount of spending” in the Biden-McCarthy deal, one that is “totally inadequate” to get America’s fiscal house “in a better spot.”

“Prior to this deal our country was careening towards bankruptcy, and after this deal our country will still be careening towards bankruptcy,” DeSantis said.

“To say you can do $4 trillion of increases in the next year and a half, I mean that’s a massive amount of spending,” the Florida Republican noted.

“I think that we’ve gotten ourselves on a trajectory here, really since March of 2020 with some of the COVID spending, it totally reset the budget and they’re sticking with that,” DeSantis continued. “I think that that’s just going to be totally inadequate to get us in a better spot.”
1
2
3
4
    
WATCH: @RonDeSantis slams the “massive amount of spending” in the debt ceiling “deal.”
 
“Prior to this deal our country was careening towards bankruptcy. And after this deal, our country will still be careening towards bankruptcy.” pic.twitter.com/331Q0AcRab
— DeSantis War Room 🐊 (@DeSantisWarRoom) May 29, 2023

”In Florida, we run big budget surpluses,” DeSantis said of his own governance. “We have a $1.2 trillion economy but our debt is only $17 billion — second lowest per capita in the country,” he noted.

“We make tough choices,” DeSantis said of Florida’s budget decisions, “and we make sure that we look forward to the long haul.”

Contrasting Florida with D.C., DeSantis pointed out that Congress does “these cycles to just get them through the next election, and that’s ultimately one of the reasons why they continue to fail.”

Evidently joining DeSantis is his concern about the debt deal are the House’s Chip Roy (R-TX) and Senate’s Mike Lee (R-UT):
1
2
    
Thank you, @RonDeSantis, for speaking up about this. https://t.co/MeTTbw6P9F
— Mike Lee (@BasedMikeLee) May 29, 2023
Rate this:
This entry was posted in Uncategorized on May 31, 2023.
House Passes Debt Deal to Avoid Default
Leave a reply    

With barely five days remaining until the projected “X-date” on which the United States is set to default on its debt, House Speaker Kevin McCarthy (R-CA) brought the Fiscal Responsibility Act — legislation resulting from a negotiated spending deal made with President Joe Biden — to the floor for consideration.

The result: successful passage of the 99-page bill in a vote that came down 314-117.

Falling along anything but party lines, the legislation to raise the debt ceiling and avoid default was supported by 165 House Democrats and 149 House Republicans while 71 members of the GOP Conference voted no along with 46 Democrats:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
    
House okays debt ceiling bill 314-117
 
149 Republicans voted yea
165 Democrats voted yea.
 
So there were more Democratic yeas even though they are in the minority
— Chad Pergram (@ChadPergram) June 1, 2023
 
B) 149 GOPers voted yea
165 Dems voted yea
 
71 GOPers voted no
46 Dems voted no
 
2 Dems missed the vote
2 GOPers missed the vote
— Chad Pergram (@ChadPergram) June 1, 2023

House Financial Services Committee Chairman Patrick McHenry (R-NC) heralded the successful vote on the Fiscal Responsibility Act, calling it “the most conservative spending package during my time in Congress” and “the largest deficit-reduction bill in at least a decade,” one that “will fundamentally change the spending trajectory in Washington.”

McHenry added:
1
    
For the first time in a debt-limit negotiation, the U.S. government will spend less money than it did the year before. We achieved historic spending cuts that will help bring down inflation, consequential reforms to help Americans get out of poverty and back into the workforce, claw backs of billions of dollars of COVID money, and transformational permitting reforms that cut red tape for energy and infrastructure projects. This bill will block the Administration from imposing new taxes during a time of economic uncertainty and rein in Biden’s executive overreach through a statutory administrative pay-go rule. This agreement will also change the way Washington operates by compelling a workable appropriations process.

Rep. Ken Buck (R-CO), one of the most vocal opponents of the deal, said he voted against the legislation “because our current financial situation is unsustainable, and this bill only ramps up the timeline to our government’s eventual default.”

Buck explained his reservations:
    
Back in 2022, the American people gave Republicans the majority in the U.S House of Representatives because they wanted us to rein in the Democrats’ out-of-control spending. Yet Speaker McCarthy chose to negotiate a deal that codifies the post-COVID 2022 discretionary spending baseline, adds $4 trillion to the debt in less than two years, upholds Biden’s student loan bailout, funds 85,000 new IRS agents, and ensures Democrats don’t have to deal with the political fallout of raising the debt ceiling prior to the 2024 election. I can't imagine a better deal for Democrats or a worse deal for our nation.

The legislation now heads to the U.S. Senate for a vote and, presuming its passage in the upper chamber, President Joe Biden’s desk for signature in time to prevent a default on the nation’s ever-increasing debt.