Freedom Caucus Opposes Biden-McCarthy Debt Ceiling Agreement
The Rich Zeoli Show
Audacy
4.9 • 1.6K Ratings
🗓️ 30 May 2023
⏱️ 45 minutes
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Summary
The Rich Zeoli Show- Hour 1:
- On Sunday, President Joe Biden and Speaker of the House Kevin McCarthy (D-CA) reached an agreement to raise the nation’s debt ceiling and avoid a default on the federal debt. However, prominent members of the Freedom Caucus—like Chip Roy, Scott Perry, and Byron Donalds—are opposing the agreement. Congressman Dan Bishop (R-NC) went as far as to say that he opposes the deal and, consequently, has “no confidence” in Speaker McCarthy’s leadership moving forward. So, will the agreement have enough support to pass in the House & Senate? Or will the deal need to be renegotiated? You can read more about the agreement here: https://www.nytimes.com/2023/05/29/business/debt-ceiling-agreement.html
- During a Freedom Caucus press conference, Rep. Byron Donalds (R-FL) implored Republican members of Congress to vote against the Biden-McCarthy negotiated debt ceiling deal. Donalds noted that Speaker of the House Kevin McCarthy (R-CA) was not even successful in getting concessions that would secure the border as part of the agreement.
- Senator Rand Paul (R-KY) announced he will oppose the Biden-McCarthy negotiated debt ceiling deal and has introduced a conservative alternative.
Transcript
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| 0:00.0 | W-P-H-D-W-U-G-L-H-D-D-D-D-V-L-O-G-L-H-D-D-D-V-L-O-G-L-O-G-L-O-G-L-H-D-D-V-L-O-G-L-O-G-L-O-G-L-O-G-L-O-G-L-O-G-L-O-G-L-O-G-L-O-G-L-O-G-L-O-G-L-O-G-L-O-G-L-O-G-L-G-L-O-G-L-G-L-G-L-G-L-G-L-G-L-G-L-G-L-G-L-G-L-G-L-G-L-G-L-G-L-G |
| 0:30.0 | The debt ceiling deal, but the House Freedom Caucus says, uh, no go. And now there's a movement |
| 0:36.4 | to get rid of Speaker Kevin McCarthy led by Dan Bishop. Good afternoon. It's Tuesday. Welcome |
| 0:42.6 | to the show. Glad you're here today, 855-391210. And on Twitter, at Rich, is the only |
| 0:48.6 | hope you had a wonderful weekend. Hope you had a enjoyable Memorial Day with your family. |
| 0:53.2 | If you joined us Friday at the Grand Hotel of Cape May, thanks for coming out. We had |
| 0:56.5 | a blast. It was a great time. Thanks to my friends at the Grand Hotel for hosting |
| 1:00.8 | us, Bob and Caitlin and Mike. The whole team there was just fantastic. And so I appreciate |
| 1:06.3 | it very much. We will be back Thursday, July 27th, so mark your calendar and come out and |
| 1:12.2 | join us. You don't want to miss it. So we got the debt deal issue, which doesn't look |
| 1:16.6 | like it has the Republican votes. It looks as if the conservative members of the House |
| 1:21.7 | of Representatives are saying, no, so much show that there might be a rebellion going |
| 1:26.8 | on within the Republican Party. Now, how do we get to this point? Well, because McCarthy |
| 1:31.4 | drops this bill Saturday night in the middle of a holiday weekend, doesn't give anybody |
| 1:36.2 | a chance to read it and then announces he's got the votes for it. And that irked a lot |
| 1:40.3 | of the members and more conservative members. And then they turn around, they say, but |
| 1:43.7 | we're still dealing with all the issues that we have. McCarthy's claiming, well, this |
| 1:48.2 | bill actually slows spending down and puts us on a more solvent course. But what the conservative |
| 1:55.8 | freedom caucus members are saying is, no, it doesn't. It actually now is going to be |
| 2:00.2 | a gigantic absorption of debt. And we're still going to be paying for things you don't |
| 2:04.2 | know the money for. So that's where things stand right now with this as they work the |
| 2:08.5 | phones and the behind the scenes deals. But what's very obvious though is that Kevin McCarthy |
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