‘Going to Be A Knife Fight’: House GOP Fighting Biden Administration On Raising Debt Ceiling | Eastern North Carolina Now

House Republicans, led by House Speaker Kevin McCarthy, are holding fast to their commitment to cut spending before they will raise the federal debt limit.

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    Publisher's Note: This post appears here courtesy of the The Daily Wire. The author of this post is Hank Berrien.

    House Republicans, led by House Speaker Kevin McCarthy, are holding fast to their commitment to cut spending before they will raise the federal debt limit.

    On Friday, in a letter to McCarthy, Treasury Secretary Janet Yellen warned Congress not to block the raising of the federal debt limit, claiming that increasing the debt limit "does not authorize new spending commitments or cost taxpayers money."

    But on Sunday, the chairman of the House Oversight and Accountability Committee, Republican James Comer of Kentucky, stated on CNN's State of the Union, "We hope that the Senate, Democrats and Republicans will agree to spending cuts. Look, this has to stop."

    "We cannot continue to operate with these types of deficits," he continued. "Our national debt is one of our biggest threats to our national security. China continues to have leverage over us because of the basic financial strength of their overall economy vs. ours with respect to the national debt."

    "Republicans were elected with a mandate from the American people in the midterm elections," Comer declared. "We campaigned on the fact that we were going to be serious about spending cuts. So, the Senate is going to have to recognize the fact that we're not going to budge until we see meaningful reform with respect to spending."

    Texas GOP Rep. Tony Gonzales, speaking on "Fox News Sunday," echoed, "The debt ceiling is no doubt going to be a knife fight."

    "We don't want to put any fiscal problems through our economy, and we won't," House Speaker Kevin McCarthy said last week. "But fiscal problems would be continuing to do business as usual. I remembered when Trump was President and Nancy Pelosi was Speaker that became a debt ceiling agreement, and it was a cap agreement for two years, to cap the spending and make those decisions."

    "This is something that people have utilized," he said. "But I ask all of you and all Americans if you have a child and you give them a credit card and they spend the limit, so you increase the limit again and again and again, when does it end? We've got to change the way we are spending money wastefully in this country, and we're going to make sure that happens."

    McCarthy concluded, "To get a debt ceiling, they also got a cap on spending for the next two years. Spending is out of control here. There's been no oversight, and we cannot continue around the same process."

poll#166
With the Midterm Elections less than one week away: What do you consider the top issues that you will be voting on to be corrected by your better representation?
  Education
  Crime
  Big Government getting Bigger
  Biden /Democrat controlled Spike in Energy Cost
  Inflation created by Legislation of Majority in Power
  Gender Reassignment
  Corrupted Bureaucratic /Service (DOJ, FBI, etc.) Institutions
  Abortion
  Discredited Legacy Media
  Ending the Corruption of Dishonest Politicians
  Corruptive Influence of Social Media
  Wide Open Southern Border
439 total vote(s)     What's your Opinion?


poll#169
Considering how abjectly corrupt and civilly abusive the Left has become regarding the corrosive effect of their elected leaders; their entrenched and ruling bureaucracy; employing their failed Education Industry as Indoctrinators; their collusive private sector operators, such as the terminally discredited Legacy Media and Big Tech censorship of Free Speech: What will be the best course forward for hardworking Middle Americans, including the Patriot Class?
  Withdraw from society, go underground and plan for a resurgence when it is feasible to do so.
  Work within the confines of better policy by the People's government, once good sense and sanity is restored in the electorate at large, to achieve such.
  Are you a crazy, nut-job Insurrectionist? Everything is perfect within our plan to achieve our intended goals for the Socialist Left.
  Secession to form a true Constitutional Republic.
437 total vote(s)     What's your Opinion?

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