Republicans get nothing but cosmetics and token benefits from the debt ceiling deal struck by House Speaker Kevin McCarthy (R-Calif.) and Pres. Joe Biden, Rep. Dan Bishop (R-NC) said Tuesday, urging his colleagues to vote against it.
Supporters of the bill have “outright lied” about what’s in it, Bishop told reporters:
“This bill, as others have given you details on, is chock-full of cosmetic things, artificial things. Things that actually have been outright lied about, misstated -- like the change to IRS funding. In every supposed ‘get’ for the Republicans, they are -- they are chock-full of cosmetics.”
Rep. Dan Bishop:
— TheBlaze (@theblaze) May 30, 2023
"This bill, if it passes, must pass with less than half of the Republican conference." pic.twitter.com/VKG7T6D5ss
“The only thing we get here is tokenism,” Bishop said, noting that the bill suspends the debt ceiling, which could add trillions more to the national debt and enables Biden’s out-of-control spending to continue:
“A token, artificial, fake, nothing benefit, and you don't even need to talk that long as long as I have to Americans to understand $4 trillion to $6 trillion in debt growth, that is insane.”
In particular, the bill fails to actually stop Pres. Biden’s extravagant spending plans to vastly enlarge the IRS by adding 87,000 more agents, Bishop said.
“Kevin McCarthy said the Democrats didn't get anything in this bill. Who do you think wanted the maximum extension of the debt ceiling and to make it undefined so nobody can pin it down?” Bishop asked.
“Most Americans, 60% -- an AP poll, 60% said they wanted cuts to spending in conjunction with changing the debt ceiling, because they all know, they all know if is on a cataclysmic unsustainable path,” Bishop said, highlighting the tremendous financial burden the bill would place on taxpayers:
“It may be $6 trillion. I think it's useful to say, do you know what $1 trillion is? Are the American people even capable of evaluating? I think it's about right. $1 trillion is $8,000 for every man, woman, and child in the United States. So at $31.4 Trillion you are talking about every one of us walking around with a $250,000 extra mortgage. $4 trillion more will take that up $32,000 over the course of two years.”
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