House Freedom Caucus Demands Spending Cuts as Condition for Raising Debt Ceiling
America is struggling with a “wasteful, woke, weaponized bureaucracy” Leaders of House Freedom Caucus declared that it was necessary to control this issue when they presented their budget proposal. This budget propose focuses on reducing federal regulations and the national debt.
According to a March 10th statement, the caucus stated its position on national debt. It said it would consider raising the debt ceiling if there was legislation to reduce current spending, limit future spending, and shrink the federal bureaucracy.
“We can solve our debt crisis responsibly if we shrink Washington and grow America,” Scott Perry, Chairman of the Caucus (Republican-Pa.), stated this at a press conference on March 10.
“Members of the House Freedom Caucus are ready to roll up our sleeves and get to work voting now on these proposals, and we’re willing to do it today,” He stated.
The caucus plan was released a day after President Joe Biden’s budget proposal was published. It is in stark contrast to that.
The Caucus Plan
The proposed spending cuts include ending Biden’s plan for student loan forgiveness, eliminating COVID-19 aid funds that have not been obligated and spent, and recovering funds used to hire IRS officers and climate change-related funding from the Inflation Reduction Act.
The caucus estimates that a cap on discretionary spending at 2022 levels for 10 year would reduce the federal budget by $131 billion next year and help to save $3 trillion over the course of a decade.
Perry stated that Congress would be able to take action on the highest priorities facing the country if they did so.
“When we shrink Washington this way, it enables Congress to use the appropriations process to address the many abuses and disasters caused by the Biden administration, such as the chaos at our southern border, the COVID vaccine, the COVID vaccine mandates and the associated discriminatory policies, and the unconstitutional ATF rules just to name a few.”
According to the caucus statement, the discretionary spending cap would also protect Social Security retirement benefits and Medicare benefits.
The caucus plan is designed to stimulate the economy through lowering regulation, increasing energy production and restoring work requirements for welfare programs.
Freedom Caucus members seem confident that their plan can succeed in the House of Representatives.
The caucus is made up of many of the same members that forced Rep. Kevin McCarthy, R-Calif., to make concessions in his race for Speaker of House. This gives them significant leverage within the party.
“This HFC plan on the debt ceiling is the path forward for getting 218 Republican votes in the House,” NTD Television was informed by a Freedom Caucus senior staffer.
“We believe that Republicans can, and should, unite around this debt ceiling plan,” Rep. Ralph Norman (R-S.C.
Contrasting Visions
The Freedom Caucus vision is completely opposite the vision behind President Trump’s budget plan.
“Today, extreme MAGA House Republicans showed us what they value: tax breaks for the super wealthy and wasteful spending for special interests,” Karine Jean-Pierre, White House Press secretary, said March 10 “This is a blueprint for selling out the middle class, law enforcement, and American competitiveness.”
“Their entire program does not lower the deficit one single penny,” The president spoke at a March 10 press conference.
Biden stated that to renew the Trump tax cuts, it would cost nearly $2 trillion. This would not include any additional taxes.
“But I’m prepared,” The president spoke. “I told the speaker as soon as he’s ready to lay out his budget, I’m ready to sit down.”
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