Skip to main content
Tags: debt limit | hakeem jeffries | house | kevin mccarthy | gop

Rep. Jeffries: Dems to Vie for Debt Limit Votes Amid GOP Schism

By    |   Tuesday, 30 May 2023 07:56 PM EDT

House Minority Leader Hakeem Jeffries, D-N.Y., made a significant announcement on Tuesday, stating that House Democrats would provide the necessary votes to pass debt ceiling legislation in order to avoid a default on June 5, according to The Hill.

Jefferies' affirmation of House Democrats delivering on the votes comes amidst a schism erupting between members of the House GOP over Speaker Kevin McCarthy's (R-Calif.) negotiations with President Joe Biden over the weekend.

Although he didn't specify the precise number of Democrats needed to support the package, Jeffries assured reporters that Democrats would provide enough votes for the plan agreed upon by the Biden administration.

"House Democrats," Jeffries told reporters, "will make sure that the country does not default."

"It is my expectation that House Republicans will keep their commitment to produce at least two-thirds of their conference, which is approximately 150 votes," he added. "Democrats are committed to making sure that we do our part and avoid a default."

The agreement negotiated between Biden and McCarthy includes stricter work requirements for social benefit programs, which liberals had vowed to oppose. However, the deal also relaxes the rules for certain groups, such as veterans, and exempts Medicaid beneficiaries from the new requirements. Jeffries indicated his support, stating that the deal protects important Democratic interests.

McCarthy's endorsement of the deal has drawn the ire of conservatives, with Rep. Dan Bishop, R-N.C., suggesting that the Speaker should lose his leadership position.

Rep. Matt Gaetz, R-Fla., further fueled speculation, implying that a push to oust McCarthy would be inevitable if he fails to secure at least half of the GOP conference's support in Wednesday's vote.

Jeffries refrained from commenting on whether Democrats would support McCarthy in such a scenario, emphasizing their current focus on avoiding a catastrophic default.

However, as House Democrats gear up to provide crucial votes to avoid a looming default, concerns over the U.S. credit rating add an extra layer of complexity to the ongoing debt ceiling negotiations. Surprisingly, rating agencies have yet to take action on the U.S. credit rating. This has left experts puzzled, given the recent turmoil surrounding Silicon Valley Bank and the specter of instability in the banking system.

© 2024 Newsmax. All rights reserved.


Newsfront
House Minority Leader Hakeem Jeffries, D-N.Y., made a significant announcement on Tuesday, stating that House Democrats would provide the necessary votes to pass debt ceiling legislation in order to avoid a default on June 5, according to The Hill.
debt limit, hakeem jeffries, house, kevin mccarthy, gop
366
2023-56-30
Tuesday, 30 May 2023 07:56 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
Get the NewsmaxTV App for iOS Get the NewsmaxTV App for Android Scan QR code to get the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved