Wednesday, April 26, 2023

"There Appears To Be A Deal": McCarthy Says GOP Has Enough Votes For Debt-Limit Package, Schumer Says 'DOA'

 Following a GOP closed-party meeting, House Speaker Kevin McCarthy says he's confident that Republicans have enough votes to pass the debt limit bill in a floor vote today.

As House Republicans' $4.8 trillion debt-limit package hangs in the balance, Speaker Kevin McCarthy and his top lieutenants made several concessions in order to secure enough votes to pass the Limit, Save, Grow Act.

The changes, aimed at winning over holdout Midwestern Republicans who threatened to sink the bill, were the result of a marathon House Rules Committee meeting that stretched into early Wednesday morning, and include an amendment which softens a provision repealing several biofuel tax credits, according to Punchbowl News.

McCarthy can only lose four Republican votes and pass the measure, which he hopes will kick off negotiations with President Joe Biden and Democratic leaders.

The House GOP leadership, which promised regular order and a floor open to amendments, made just one amendment in order: a tweak to the Limit, Save and Grow Act that, among other things, puts in place new work requirements for 2024 instead of 2025.

Gripes from conservatives are nothing new for McCarthy.

Ashley Hinson, Zach Nunn, Mariannette Miller-Meeks and Randy Feenstra were team players, so they'd kowtow to McCarthy when he asked.

https://www.zerohedge.com/political/there-appears-be-deal-mccarthy-makes-late-night-concessions-48-trillion-debt-limit

No comments: