House Republicans Give McCarthy Standing Ovation in Debt Limit MeetingSean Moran 30 May 2023
Speaker Kevin McCarthy received a standing ovation during a House Republican Conference meeting on the debt ceiling on Tuesday.
House Republicans gathered in the Capitol building to discuss the debt ceiling deal and gave McCarthy a round of applause. The California Republican said he would give Republicans time to talk about the debt limit deal, otherwise known as the Fiscal Responsibility Act.
The House will tentatively vote on the legislation Wednesday.
The California Republican emphasized that the debt deal would allow Republicans to have more leverage during this fall’s spending bill fight, something that conservatives such as Rep. Thomas Massie (R-KY) have noted.
Rep. Garret Graves (R-LA) said the IRS will not hire any agents as a result of the Fiscal Responsibility Act. The debt limit legislation reduces the IRS’s budget by $1.4 billion, and the compromise struck between McCarthy and President Joe Biden for future appropriations bills would also reduce IRS funding in fiscal year 2024 by $10 billion and fiscal year 2025 by $10 billion.
Graves, who was one of the chief negotiators with the Biden White House, received a standing ovation when he relayed that the White House complained that Democrats did not receive any priority spending or legislation in the bill.
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