Republicans win on the debt ceiling: Here's why House GOP should support deal

1. It cuts spending year-over-year, including a rollback of nondefense discretionary spending to FY22 levels – while fully funding the Veterans Administration’s medical programs.
2. It limits topline federal spending to 1% annual growth for the next six years – a huge cut from the Biden budget proposal.
3. It will help lift millions out of poverty by enacting work requirements for food stamps and welfare benefits. The 1996 welfare reform bill made virtually the same changes. This will mean more Americans will be working and paying taxes, and fewer Americans will depend on the government. This has big, long-term government and human benefits.
4. It claws back tens of billions in unspent COVID-19 funds, including $400 million from the U.S. Centers for Disease Control and Prevention’s "Global Health Fund" that would have sent taxpayer money to China.
5. Billions more will be cut other programs, making this the largest total rescissions package in history.
6. The deal puts in place the first-ever statutory administrative pay-as-you-go rule to hold President Biden accountable for the full cost of executive rules and regulations. This should save taxpayers trillions of dollars.
7. It cuts red tape and streamlines important infrastructure and energy projects – and cuts costs with the first significant reform to environmental policy since 1982.
8. It slashes funding for Biden’s new IRS agents and eliminates the total fiscal year 2023 staffing funding request for new agents.
9. It restarts student loan repayments and requires borrowers to be responsible for paying off their student loan debts, saving taxpayers an estimated $5 billion per month
10. It has a bold requirement to "Make Congress Work Again" by compelling a functioning appropriations process and imposing a temporary 99% continuing resolution level cap until all 12 appropriations bills are passed and become law.
11. It protects senior citizens, veterans and our national security by fully funding critical veterans’ programs and defense priorities, while preserving Social Security and Medicare.
12. It blocks Democrat demands for new taxes and reject all $5 trillion of Biden’s proposed tax increases.

https://www.foxnews.com/opinion/republicans-win-debt-ceiling-heres-why-house-gop-should-support-deal

 

1. I know that is the talking point by the GOP, but it really does not roll back the spending to 2022 levels. It makes the FY 2024 relatively flat, leaves FY 2023 untouched, and then allows a 1% increase beginning in 2025.
2. Second, it won't do that. It will put more people vulnerable and reliance on NGOs for their food source in food insecurity. The main problem is that there are already in jobs that don't pay well, which is wny they need assistance given that cost of living has far outgrown than the cost of wage increases. And unless they get more job skills, real job skills, they will continue to struggle even more.
3. The claw back was a given and the easiest part of this negotiations since both sides want this. No biggie.
4. The other programs on what their funding will be will not be determined until after the November 2024 elections. Other than that, it is more wishful thinking than anything else.
5. We did have sequestration in the Obama administration, in which was a pay-as-you-go. But it will limit what Trump can do as well since that rule will apply to him if he is elected in November 2024. How much do you want to make a bet Trump will want this rule gone by the time he gets into office if he wins?
6. Not that much, some $1.9 billion in FY 2023 and 2024. Other than that, the program is still in place, just will take more time to get it implemented when the brain drain really starts to hurt the efficiency of the IRS. But hey, the GOP plan is to let tax cheats cheat more. Sounds great doesn't it.
7. But those energy projects are still intact and will now be more emphasized, especially in red states despite that a lot of GOPers wanted this gone.
8. 10 of the 13 Appropriations bills will not pass given the current rules, thus the compromise is in parchment only type of thing.
9. And yet, the Freedom Caucus wanted this cut to begin with in their original proposal.
10. that has not happened yet. For now, no new taxes, but new taxes are needed, especially in the SS and Medicare side because in ten years that program will become insolvent according to the SSA trustees.

 

Who cares what party wins.
Does it better Americans.

 

Aren't budget talks for 24 and beyond pointless?
Those negotiations will determine spending and taxing.

 

So basically they want people to work or lose benefits when unemployment is at record lows, they have refused to implement tax increases that the majority of Americans support including removing numerous tax deductions for luxury items (planes and yachts for example) and closing loopholes that allow billionaires to pay a fraction of what they owe and actually increased military spending.

That about wraps up the republicans platform.

 

MAGA cares... nobody else...

Let them say they won... .everybody knows that's code for "We lost again".

This is a typical Washington compromise since nobody is happy with it. Was the only way this GOP-run shitshow was going to end..

 

I am all for bipartisan compromise.
It's bad for Americans when partizans rule.

 

I told democrats back when they were the one "in power" and were able to get absolutely nothing done, that things would be even worse for them after the mid-terms.

I would have liked Biden to force cuts in military spending, but his handlers likely ran out of pudding and/or Jell-O to give him.

 

Typically when the reps wins, America wins.

 

Dems are folding, which is a good thing. I’m glad we have enough republicans in the right places to control the foolish administration we have right now. Good job Republicans.

 

And Democrats never had the power to reform the tax codes?

 

No.
I mean all Americans.
When any partisan party wins, most of America loses.

 

Yeah………..sure…

 

Two words for ya....Turd sandwich

That's not me, that's one of the GOP that SHOULD support the deal....

When did turd sandwich become a compliment? I know "winning" is the new term for MAGA losing, but I missed turd sandwich becoming good...

 

Yeah, four years of Trump as President shows that be a false statement.

 

Its an opinion piece from FOX, so take it with a grain of salt.

Deciding to NOT collect $600 Billion in owed taxes seems absurd, but it is what it is.

Either way, this is an old game and both parties play it. Threaten each other until the last minute, and the make a 'deal'.

 

I suppose that both sides lose some, but still can claim a "win". Maybe that makes it a good deal. After all, in a compromise neither side can push through all of their demands. The extremists will never be happy, especially the ones on the right, who just want to burn the whole thing to the ground. That's the problem if one side has to contend with a significant fraction in Congress who actually think that defaulting would be a good thing.

 

Incorrect, he did a great job. Since he has been gone things have only gotten worse. Brandon has killed more people to the china virus as well.

 

Delusion

 

Such a great job that he was impeached twice, lost majorities in the House and Senate during his midterms, lost the election by a record amount, was a major reason for poor GOP showing during Biden's midterm elections and now faces criminal charges in NY and quite probably in GA and by the Feds as well.

With a record like that you have to wonder why the GOP would even consider running someone else.

Tired of winning yet?

 

The weird things some believe is considered as winning.
You are correct.
Impeached 2X. Lost the WH, Senate, and House in 4 yrs. Almost unheard of today.

As long as they think they won, let them think that. Meanwhile, America will be better for all with what they think is winning.
When they keep losing.

 

I feel like this deal was built on the premise that Democrats will roll back some of the things that are most relevant for democrats in 2025 before they do too much damage to people and the country. If Trump is the candidate, taking back the House is pretty much assured. Not much leeway in the Senate, though. But worth the risk.

 

the republicans dont even believe government should do anything much for anybody, yet even republican common people approve of some things their RW media has denounced as communism since the 1920s, other than more money for the military and the always cherished tax-cuts for the wealthythe RW as devolved into being outraged about peoples underwear seemingly

 

So you just want unlimited spending and deficits and debt? Will you spare us any future postings complaining about "Republican" deficits and spending?

 

How much damage to people and the country will their continued spending and deficit and debt explosions cause?