Republican Senator Rand Paul announced he would introduce the “conservative alternative” to President Joe Biden and House Speaker Kevin McCarthy’s debt ceiling agreement.
Joining the chorus of Republicans railing against the agreement, Paul said McCarthy made significant concessions that fails to solve the government spending problem.
Paul offered a solution to propose an amendment to the so-called “Fiscal Responsibility Act” that would raise the debt ceiling by only $500 billion to return to the negotiating table.
Paul’s proposal thus solves the immediate problem of the United States defaulting on its debt while seeking to address the major problem of government spending, which is out of control.
Citing a recent CNN poll which showed that a majority of Americans support raising the debt ceiling only with simultaneous cuts in government spending, Rand Paul said this:
“I would guess the Americans answering that poll meant real cuts in spending, not an annual increase of one percent above already bloated levels of COVID-19 spending,” Paul quipped.
“Bold actions must be taken to defeat our mounting national debt, and my conservative alternative to the Biden-McCarthy deal gives us a real opportunity to get our fiscal house in order.”
The bold action includes replacing “the caps on discretionary spending with caps on total spending” while instituting a cut of 5% in spending annually.
The plan would cut $1.2 trillion in government spending by fiscal year 2028.
Rep. Nancy Mace also condemned the debt ceiling agreement in a Twitter thread.
Mace said the agreement “normalizes record high spending started during the pandemic” and “doesn’t actually set a debt limit.”
“Fully funds every spending request by the Administration (pretty much),” she added.
“Washington is, was, and always will be lousy at responsibly spending your tax dollars. That won’t change unless we demand change.”
Meanwhile, conservative Rep. Chip Roy blasted the debt dealing deal, calling it a “turd sandwich.”
Roy pushed back against the claim McCarthy made that “more than 95 percent of all those in the conference were very excited” about the debt deal.
“1st – the leadership playbook is to line up cheerleading on phone calls to demonstrate ‘unity.’ 2nd, not 95% – I know of more no’s than that already,” Chip Roy tweeted.
“3rd – they haven’t been educated yet on what a turd-sandwich this ‘deal’ is. They will be,” Roy added.
Roy also said the Republican argument that Democrats got nothing from the deal.
WATCH: Chip Roy Humiliates AOC in Explosive Debt Ceiling Debate
