Kevin McCarthy and his House Republicans are considering repealing the Inflation Relief Act as part of a debt ceiling increase package.
According to Punchbowl News on Twitter:
Enter @PunchbowlNews Noon: House Republicans are considering repealing the Inflation Relief Act as part of the debt ceiling package. More: https://t.co/1LNiNUfQ7S
— Punchbowl News (@PunchbowlNews) April 18, 2023
So far, House Republicans are considering slashing food assistance for the needy and repealing the Inflation Act in exchange for raising the debt limit on their spending list.
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A House Republican bill to increase the debt limit died in the Senate, never passing the House’s demands. President Biden has consistently said he won’t negotiate with House Republicans and won’t give them any cuts to do their jobs.
McCarthy and his House Republicans will have a choice after their bill fails in the Senate. Either they will destroy the US economy by default or they will have to pass a clean debt ceiling bill.
House Republicans are doubling down on proposed SNAP cuts instead of learning from behind them, digging their own hole. This self-inflicted crisis does not bode well for Speaker McCarthy and the GOP, who hope their interests will not include the entire global economy.
Jason is the managing editor. He is also a member of the White House Press Pool and Congressional Correspondent for PoliticusUSA. Jason has a bachelor’s degree in political science. His graduate work focused on public policy, with a specialization in social reform activities.
Awards and professional memberships
Member of the Association of Professional Journalists and the American Political Science Association
