(FreedomWire.org) – After President Joe Biden and House Speaker Kevin McCarthy (R-CA) announced that a deal had been reached to increase the debt limit and avoid a default, a number of conservative leaders have raised alarms that the negotiated agreement does not go far enough to address Democrats’ out-of-control spending. Among them is Florida Governor and 2024 GOP presidential candidate Ron DeSantis.
DeSantis ripped House Speaker Kevin McCarthy on Monday over the debt ceiling deal, calling it “totally inadequate” when it came to addressing spending.
“Prior to this deal, Kayleigh, our country was careening toward bankruptcy and after this deal, our country will still be careening toward bankruptcy,” DeSantis said to “Fox and Friends” guest host Kayleigh McEnany.
“To say you can do $4 trillion of increases in the next year and a half, I mean, that is massive amount of spending,” DeSantis continued. “I think that we’ve gotten ourselves on a trajectory, really since March of 2020 with some of the COVID spending and totally reset the budget and they are sticking with that and I think that is totally inadequate to get us in a better spot.”
“In Florida, we run big budget surpluses,” DeSantis said of his own governance. “We have a $1.2 trillion economy but our debt is only $17 billion — second lowest per capita in the country,” he noted.
“We make tough choices,” DeSantis said of Florida’s budget decisions, “and we make sure that we look forward to the long haul.”
Contrasting Florida with D.C., DeSantis pointed out that Congress does “these cycles to just get them through the next election, and that’s ultimately one of the reasons why they continue to fail.”
McCarthy released the text of the Fiscal Responsibility Act on Sunday evening, which increases the debt ceiling through Jan. 1, 2025, taking it past the 2024 presidential election. The House is expected to vote on the legislation on Wednesday, following a 72-hour period for members to read the bill, a provision of the rules changes proposed by the Freedom Caucus and agreed to by McCarthy prior to his election as speaker.
The law freezes discretionary spending on non-defense budgetary items at Fiscal Year 2022 levels, adds reforms to permitting for energy projects and places new work requirements on some welfare programs. Many of those provisions were in the Limit, Save, Grow Act, which passed the House of Representatives by a 217-215 vote on April 26.