Welcome, it is verdict with Senator Ted Cruz. Ben Ferguson with you as always. And Senator,

the number one question that everybody wants to know right now on this Memorial Day is the Biden

debt deal. The Biden debt ceiling. Is there a deal with the Republicans? And if there is,

what does that look like for the American people?

Well, and it was announced on Sunday that there was an, quote, agreement in principle between Joe Biden and Kevin McCarthy.

And the agreement and principle included some cuts in spending from what Biden wanted. It also included an extension in the

death ceiling. And I would say as we sit here, you and I are recording this Sunday night.

At this point, we don't have the text of the bill. We have not seen exactly what's in the bill.

So it is not entirely clear all of the details. But based on what we know now, there are some good

elements, but there are a lot of things that are disappointing. As I'm sitting here right now,

I'm disappointed that this agreement does not cut more. And I'm also disappointed that this agreement

adds a lot of debt in exchange for relatively

little cuts. Now, we can break that down piece by piece and walk through what's in it and what's

not with the caveat that the bill text at this point we still haven't seen and presumably we will

see sometime soon.

Well, let's start with, is there something in this bill that we could probably get excited about

as conservatives? Because I know this is a fight, but there are many concerns saying, okay,

we won back the house. Surely we're going to get something that's positive for us from

winning back the house.

Is there a light at the end of the tunnel saying, hey, at least from what we've been told,

obviously we don't have the text yet, but there are going to be some victories for us.

Well, I can tell you what House leadership is emphasizing.

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