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It Would Appear Kevin McCarthy Somehow Did Worse Than Doing Nothing At All On The Debt Ceiling

  I am not entirely sure how it was possible, but it appears that Kevin McCarthy was able to find a deal that may be worse than a clean debt ceiling increase.

The text of the bill, which was released last night, confirms that spending is frozen at Fiscal Year 2022 levels, but there doesn't appear to be a dollar limit to the debt ceiling increase that comes along with that.

As it notes, this debt limit deal doesn't cut spending, it just limits how fast spending grows.

What's more, there are reports that every Democrat in the House - including the Progressive Caucus - is ready to vote for the deal, which should be a pretty clear sign McCarthy got rolled.

Others had similar complaints about the deal, including Senate Republicans.

A deal that increases the federal debt by $4 trillion isn't a deal at all.

Instead, what McCarthy brought back was a deal that makes the White House look good, and any opposition from the Republicans in the House ends up making them look worse.

https://redstate.com/joesquire/2023/05/29/it-would-appear-kevin-mccarthy-somehow-did-worse-than-doing-nothing-at-all-on-the-debt-ceiling-n753096

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