{"id":1937475,"date":"2023-05-24T22:56:01","date_gmt":"2023-05-25T02:56:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mccarthy-vents-frustration-over-bidens-unwillingness-to-cut-spending-in-debt-ceiling-negotiations\/"},"modified":"2023-05-24T22:59:24","modified_gmt":"2023-05-25T02:59:24","slug":"mccarthy-vents-frustration-over-bidens-unwillingness-to-cut-spending-in-debt-ceiling-negotiations","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mccarthy-vents-frustration-over-bidens-unwillingness-to-cut-spending-in-debt-ceiling-negotiations\/","title":{"rendered":"McCarthy frustrated with Biden&#8217;s refusal to reduce spending in debt ceiling talks."},"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\">24<\/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%2Fmccarthy-vents-frustration-over-bidens-unwillingness-to-cut-spending-in-debt-ceiling-negotiations%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=1937475&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>House Speaker Kevin McCarthy Frustrated with Biden&#8217;s Refusal to Reduce Spending<\/h2>\n<div class=\"post_content\">\n<div class=\"aplayer_app\" data-source=\"https:\/\/vs1.youmaker.com\/assets\/2023\/0524\/d880ab8d-784c-437b-b557-0ace1dec3dc0\/audio.mp3?length=3089133&#038;duration=257\"><\/div>\n<p>House Speaker Kevin McCarthy (R-Calif.) is venting his frustration over President Joe Biden&#8217;s unwillingness to reduce <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sen-manchin-has-steered-millions-in-federal-funds-to-groups-linked-to-his-wife\/\" title=\"Sen. Manchin Has Steered Millions in Federal Funds to Groups Linked to His Wife\">federal discretionary spending<\/a> in 2024 in exchange for lifting the debt ceiling.<\/p>\n<p>&#8220;It didn&#8217;t seem like it&#8217;d be this hard,&#8221; McCarthy told reporters on May 24.<\/p>\n<p>The Speaker then listed a litany of complaints against Biden and the Democrat party.<\/p>\n<ul>\n<li>Overspending<\/li>\n<li>Driving the country into debt<\/li>\n<li>Causing inflation<\/li>\n<li>Increasing dependence on China<\/li>\n<li>Causing four bank failures<\/li>\n<\/ul>\n<p>All while the president refused to negotiate on raising the debt ceiling for more than three months.<\/p>\n<div class=\"video_fit_container\">\n\t\t<iframe loading=\"lazy\" width=\"671\" height=\"377\" class=\"video_frame\" src=\"https:\/\/www.youtube.com\/embed\/qK2SYAGhhYI?wmode=transparent&#038;wmode=opaque\" allowfullscreen><\/iframe>\n\t<\/div>\n<p>Though he expressed hope that an agreement could still be reached in time to prevent a default on U.S. obligations, McCarthy often struck a defensive tone.<\/p>\n<p>&#8220;I&#8217;m not a senator. I don&#8217;t control the Senate. Why didn&#8217;t they pass something? The president didn&#8217;t talk to us for 97 days. So don&#8217;t blame me for reaching out to the Democrats, for begging the president to meet with me, and trying to find [a solution],&#8221; McCarthy said.<\/p>\n<p>The Limit, Save, Grow Act\u2014a Republican plan to increase the debt ceiling while <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mccarthy-vents-frustration-over-bidens-unwillingness-to-cut-spending-in-debt-ceiling-negotiations\/\" title=\"McCarthy frustrated with Biden's refusal to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-reverses-27-4-billion-in-spending-cuts-proposed-by-trump\/\" title=\"Biden Reverses .4 Billion in Spending Cuts Proposed by Trump\">reduce spending<\/a> in debt ceiling talks.&#8221;>reducing federal spending\u2014passed<\/a> the House on April 26 by one vote.<\/p>\n<p>The measure would:<\/p>\n<ul>\n<li>Reduce federal spending in 2024<\/li>\n<li>Cap spending growth for 10 years<\/li>\n<li>Increase <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/romney-cotton-to-propose-10-minimum-wage-with-mandatory-e-verify\/\" title=\"Romney, Cotton To Propose  Minimum Wage With Mandatory E-Verify\">work requirements<\/a> for some recipients of social services<\/li>\n<li>Take back unspent COVID-19 funds<\/li>\n<li>Loosen permitting requirements for oil and gas<\/li>\n<\/ul>\n<p>The Treasury could lack the funds to meet all financial obligations in full as soon as June 1 without additional borrowing, according to Treasury Secretary Janet Yellen.<\/p>\n<p>&#8220;It&#8217;s not my fault that the Democrats today have become so extreme, so far toward the socialist wing that they are now opposed to work requirements, that they are now opposed to saving $1 less than you spent the year before. That, to me, really seems that the problem [is] the Democrats,&#8221; McCarthy said.<\/p>\n<p>Republicans began by demanding that federal discretionary spending for 2024 be reduced to the 2023 level. That has emerged as a central sticking point in negotiations. However, McCarthy has lately used the phrase &#8220;spend less than we spent last year,&#8221; perhaps signaling a willingness to accept a smaller spending cut.<\/p>\n<p>&#8220;When have I ever said, &#8216;You have to agree to 100 percent of what I want?'&#8221; McCarthy asked, indicating his willingness to make some concessions to Democrats. However, he reiterated his one non-negotiable: no increase in the debt limit without some agreement to reduce spending in 2024.<\/p>\n<h3>Will Republicans Be Blamed for a Default?<\/h3>\n<p>Asked whether the public would blame Republicans if a default resulted from the fight over the debt ceiling, McCarthy said, &#8220;I think the public will blame the president and the Democrats for not being responsible.&#8221;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>House Speaker Kevin McCarthy expressed disappointment with President Joe Biden&#8217;s refusal to cut federal discretionary spending in 2024 in exchange for raising the debt ceiling. McCarthy shared his frustration with reporters on May 24, stating that he did not expect it to be so difficult. He also criticized Biden and the Democratic Party.<\/p>\n","protected":false},"author":1793,"featured_media":1937476,"comment_status":"open","ping_status":"closed","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":[],"tags":[3706,10142,5487,14457,3663,7104,6722,3834,3745],"class_list":["post-1937475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-bidens","tag-ceiling","tag-debt","tag-frustrated","tag-mccarthy","tag-reduce","tag-refusal","tag-spending","tag-talks"],"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\/1937475","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\/1793"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1937475"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1937475\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1937476"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1937475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1937475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1937475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}