Republican Rep. Rosendale to vote against $4 trillion debt ceiling deal: 'Insult to the American people'
FOX NewsAPR 2023
Biden, House GOP Reach Tentative Debt Ceiling Deal
Image copyright: The White House [via Wikimedia Commons]
The Spin
Democratic narrative
In their obstinate push for cuts to federal spending, McCarthy-led House Republicans have threatened to crush the US economy by forcing the country to an unprecedented default. However, this agreement in principle reveals that their goal was exclusively to punish low-income Americans, as the changes will do virtually nothing to reduce government spending.
Republican narrative
Democrats have driven the country to the brink of a financial catastrophe, yet McCarthy has betrayed America by allowing the Biden admin. to borrow an unlimited amount of money without imposing any restrictions on federal spending. This deal is a complete disaster that puts the financial future of the US at risk.