Democrats pledge to back debt limit deal before vote.
House Democrats Stand United on Debt Limit Deal
As House Republicans remain divided on the debt limit deal struck by House Speaker Kevin McCarthy (R-Calif.) and President Joe Biden, their Democrat colleagues have opted for a united front in support of the measure.
“House Democrats are going to make sure that the country does not default, period, full stop,” House Minority Leader Hakeem Jeffries (D-N.Y.) said at the Democrats’ weekly press conference. “We will continue to be responsible stewards of our economy, and we will not let middle-class Americans, working families, those who aspire to be part of the middle class, seniors, veterans, the poor, the sick, and the afflicted be hurt by a dangerous, GOP-manufactured default.”
The bipartisan bill, dubbed the “Fiscal Responsibility Act,” suspends the debt limit until January 2025, sidestepping the looming threat of default by allowing the Treasury Department to continue paying the U.S. bills.
The deal has drawn backlash from Republicans and Democrats alike, with both groups decrying the concessions involved.
But despite the concerns of some Democratic colleagues, Jeffries told reporters on May 31 that his conference was “not fractured at all.”
“We are unified in avoiding a default, we are unified as it relates to why the country is in this situation, and we’re unified behind the leadership that President Biden has provided,” he said.
‘Victims of Extortion’
Jeffries was joined at the news conference by House Democratic Caucus Chairman Pete Aguilar (D-Calif.), Democratic Caucus Vice Chair Ted Lieu (D-Calif.), and Minority Whip Katherine Clark (D-Mass.), all of whom asserted that Republicans were to blame for bringing the nation to the brink of default.
Challenging Republicans’ protestations over the nation’s climbing deficit, Aguilar contended: “This was never about deficits to Republicans. They turned down every reasonable opportunity to close loopholes that would affect our deficits. They want to stand behind their billionaire friends so they can pay less than teachers on their tax rate.”
Clark, meanwhile, accused Republicans of holding the American people hostage by demanding spending cuts in exchange for raising the debt limit.
“There is no perfect negotiation when you are the victims of extortion,” Clark noted. “Nobody likes to pay a ransom note, and that’s exactly what tonight’s vote is—our payment on the ransom of the American people.”
After passing the House Rules Committee on May 30, the bill is expected to come to a full House vote on May 31. But with many Republicans vocally denouncing the measure, it remains unclear whether McCarthy will be able to swing enough votes for the measure to pass.
“The fact that we still don’t know if the votes are there, that he is depending on Democrats to avert disaster, that is a reflection of the extremism, of the brinksmanship and the ideological rot that has taken hold of the Republican Party,” Clark said.
House Democrats are standing firm in their support of the debt limit deal, while House Republicans remain divided. The bipartisan bill, known as the “Fiscal Responsibility Act,” suspends the debt limit until January 2025, allowing the Treasury Department to continue paying U.S. bills and avoiding a dangerous default.
At a recent press conference, House Minority Leader Hakeem Jeffries emphasized that Democrats will not let middle-class Americans, working families, seniors, veterans, the poor, the sick, and the afflicted be hurt by a dangerous, GOP-manufactured default. Jeffries was joined by other Democratic leaders who accused Republicans of holding the American people hostage by demanding spending cuts in exchange for raising the debt limit.
Despite concerns from some Democratic colleagues, Jeffries assured reporters that his conference was “not fractured at all” and that they are unified in avoiding a default. However, the deal has drawn backlash from both Republicans and Democrats, with both groups decrying the concessions involved.
After passing the House Rules Committee, the bill is expected to come to a full House vote. But with many Republicans vocally denouncing the measure, it remains unclear whether the bill will pass.
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