{"id":1936093,"date":"2023-05-23T08:50:42","date_gmt":"2023-05-23T12:50:42","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republicans-rip-biden-for-trying-to-insert-taxes-in-debt-ceiling-deal\/"},"modified":"2023-05-23T08:52:53","modified_gmt":"2023-05-23T12:52:53","slug":"republicans-rip-biden-for-trying-to-insert-taxes-in-debt-ceiling-deal","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republicans-rip-biden-for-trying-to-insert-taxes-in-debt-ceiling-deal\/","title":{"rendered":"GOP slams Biden for including taxes in debt ceiling agreement."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Frepublicans-rip-biden-for-trying-to-insert-taxes-in-debt-ceiling-deal%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1936093&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>President Biden and Congressional Republicans Clash Over Taxes in Debt Ceiling Negotiations<\/h2>\n<p>President Joe Biden has been pushing for discussions on taxes as part of the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/exclusive-mitch-mcconnell-led-effort-to-trash-bob-dole-aides-career-over-peripheral-tie-to-january-6\/\" title=\"Exclusive \u2014 Mitch McConnell Led Effort to Trash Bob Dole Aide\u2019s Career over Peripheral Tie to January 6\">debt ceiling negotiations<\/a>, but House Speaker Kevin McCarthy (R-CA) has declared tax increases a red line, citing overspending as the cause of the country&#8217;s deficits. Republican Study Committee Chairman Kevin Hern (R-OK) has also emphasized that tax hikes are a nonstarter for a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mccarthy-says-no-debt-ceiling-deal-yet-despite-improved-tone-after-tensions\/\" title=\"McCarthy reports no debt ceiling agreement yet, despite improved atmosphere following tensions.\">bipartisan debt ceiling deal<\/a>. Meanwhile, Biden has expressed frustration over the lack of tax negotiations and reiterated his desire to tinker with the country&#8217;s tax structure in tandem with spending cuts. <\/p>\n<h3>Disagreements Over Spending and Work Requirements<\/h3>\n<p>Another disagreement in the debt ceiling negotiations is the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republicans-rip-biden-for-trying-to-insert-taxes-in-debt-ceiling-deal\/\" title=\"GOP slams Biden for including taxes in debt ceiling agreement.\">top-line spending level<\/a> for next year before the Treasury Department&#8217;s &#8220;X-date,&#8221; with Treasury Secretary Janet Yellen projecting that the federal government will no longer be able to pay the bills it has already incurred as early as June 1. McCarthy has repeated that spending must be less than last year, while Biden prefers to keep spending flat and cut the Pentagon&#8217;s budget. Work requirements for some welfare programs, such as food stamps and financial help for needy families, are also a point of contention.<\/p>\n<h3>Republicans Criticize Biden&#8217;s Tax Proposals<\/h3>\n<p>Republicans have criticized Biden&#8217;s tax proposals, including closing the carried interest loophole, and have noted the record-high revenues after the passing of former President Donald Trump&#8217;s Tax Cuts and Jobs Act in 2017. One senior Republican aide called Biden&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/newt-gingrich-gop-debt-ceiling-strategy-for-2023\/\" title=\"Newt Gingrich: GOP Debt Ceiling Strategy for 2023\">debt ceiling strategy<\/a> &#8220;wild&#8221; and &#8220;completely absurd and tone-deaf.&#8221;<\/p>\n<p>Despite the disagreements, both sides are emphasizing the importance of reaching an agreement this week to pass it to the Senate. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Biden criticizes Republicans for not discussing taxes in debt ceiling negotiations, while House Speaker McCarthy opposes tax increases, blaming overspending for deficits. With a potential default looming in 10 days, the issue remains unresolved.<\/p>\n","protected":false},"author":1,"featured_media":1936094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[5877,3620,10142,5487,6203,3906,3944,10964],"class_list":["post-1936093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-agreement","tag-biden","tag-ceiling","tag-debt","tag-gop","tag-including","tag-slams","tag-taxes"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1936093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1936093"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1936093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1936094"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1936093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1936093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1936093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}