The Senate on Thursday night approved the debt ceiling bill “negotiated” by Speaker Kevin McCarthy and Joe Biden.
The vote tally was 63-36.
NEWS: 63-36, Senate gives final approval of a bill to suspend the debt limit until January 2025, ending a tense several weeks in Washington and a bitter partisan standoff that ultimately ended with a McCarthy-Biden deal that faced bipartisan support and opposition in both houses.
— Manu Raju (@mkraju) June 2, 2023
46 Democrats rubberstamped the bill along with 17 GOP sellouts. 30 Republicans stood with We the People along with 6 Democrats.
Here is the full vote breakdown:
The bill now goes to Biden’s desk and he will sign it into law.
As TGP’s Kristinn Taylor previously reported, Rep. Nancy Mace (R-SC) laid out the brutal truth on the debt ceiling bill in an epic Twitter thread Tuesday. She succinctly explained why “Republicans got outsmarted by a President who can’t find his pants”
For the complete thread on Twitter, click on this tweet:
Washington is broken.
Republicans got outsmarted by a President who can’t find his pants.
I’m voting NO on the debt ceiling debacle because playing the DC game isn’t worth selling out our kids and grandkids.
— Rep. Nancy Mace (@RepNancyMace) May 30, 2023
Here are the most relevant observations from Mace:
This “deal” normalizes record high spending started during the pandemic. It sets these historically high spending levels as the baseline for all future spending. The bill then grows govt even more each year at about ~1%.
This deal keeps that record high spending intact and makes it the baseline for all spending
The bill doesn’t actually set a debt limit. Rather it suspends the debt limit entirely until Jan. 2, 2025 and there is no actual amount capping the debt ceiling.
They tell us this bill cuts $41b in its first year; about the same amount as the unspent COVID funds. Pretty convenient. Also not a cut.
A $1.4b cut to the IRS doesn’t equal $80b in cuts to the IRS. Nor does it mean we are “gutting” the IRS or
Source: The Gateway Pundit