“Rep. Roy urges McCarthy to hold the line on GOP debt ceiling demands.”

Republican Rep. Chip Roy from Texas is urging Speaker of the House Kevin McCarthy to stand firm on the party’s debt ceiling demands”>debt ceiling demands. In a memo to his colleagues, Roy wrote, “I hope … Speaker McCarthy continues to pressure President [Joe] Biden to do what is right for the American people.”

McCarthy and Biden have been in negotiations to cut spending and raise the debt ceiling. However, McCarthy and his caucus have demanded a 22 percent cut in spending, which Biden and the Democrats have deemed “unacceptable.”

According to Roy, the Democrats want to keep the status quo of record inflation and record spending, while Republicans are fighting for hard-working American families facing a woke, weaponized government at odds with our way of life. With a June 1 deadline to raise the debt ceiling fast approaching, Roy wrote that the core demands of the Limit, Save, Grow Act remain important to Republicans, who he said “are unified to hold the line.”

Crucial Reforms

Roy then listed a series of reforms he called “crucial,” adding “none [of these] should be abandoned solely for the quest of a ‘deal.'”

Discretionary Spending

• Reduce discretionary spending to cut $131 billion in year one and save $3.6 trillion over a decade
• Restrict the federal bureaucracy’s power to interfere with Americans’ ability to live free and prosper economically
• Not a position Democrats have historically found radical

‘Grid-Destroying’ Climate Policies

• Repeal “grid-destroying” tax credits and other environmental tax benefits in the Inflation Reduction Act
• Fossil fuels continue to account for the broad majority of U.S. energy production
• EV credits passed into law largely benefit the wealthy: 78 percent of the tax benefits and write-offs for purchasing an EV are claimed by those making over $100,000 per year
• Abandoning this demand means the absolute decimation of our grid to the benefit of corporate cronies