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Rep. Alexandria Ocasio-Cortez (D-NY) told reporters on Tuesday that she will vote against the bill to lift the debt ceiling.
House Speaker Kevin McCarthy (R-CA) and President Joe Biden reached an agreement on raising the debt ceiling over the weekend.
However, Ocasio-Cortez said she would vote “no” on the Fiscal Responsibility Act.
“Rep. @AOC (D-NY) tells me and @reesejgorman that she’s a no on the Fiscal Responsibility Act,” Punchbowl News’s Brendan Pedersen reported. “Says she doesn’t know about other progressives.”
Rep. @AOC (D-NY) tells me and @reesejgorman that she’s a no on the Fiscal Responsibility Act. Says she doesn’t know about other progressives
— Brendan Pedersen 🏦 (@BrendanPedersen) May 30, 2023
The House is expected to bring the bill to the floor for a vote on Wednesday, with Republican leaders reportedly confident a majority of the House GOP will support the bill.
The Fiscal Responsibility Act would reduce the U.S. government’s debt by $1.5 trillion over the next decade, according to the Congressional Budget Office.
As Breitbart News detailed:
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In a letter to Rep. McCarthy (R-CA), CBO director Phillip Schwagel said the agency projected the deal’s caps on discretionary spending in 2024 and 2025 would reduce outlays by $1.3 trillion over the next 1o years. Mandatory spending would fall by $10 billion. Revenues are projected to fall by $2 billion due to cuts to funding for enforcement by the Internal Revenue Service. Interest on the public debt would decline by $188 billion.
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The CBO projects that cuts to the IRS budget would decrease spending by $1.4 trillion while decreasing revenue by $2.3 trillion over the decade. The result is a net increase in the deficit of $900 billion during the 2023 through 2033 period.
Fellow far-left squad member Rep. Cori Bush (D-MO) told reporters she is “leaning no,” on the bill.
. @CoriBush says she is undecided but is “leaning no” on debt ceiling bill
“As somebody who was a food stamp recipient, there is absolutely no way I can see myself green lighting something that will take food from people’s mouths,” she said.
— Reese Gorman (@reesejgorman) May 30, 2023
“As somebody who was a food stamp recipient, there is absolutely no way I can see myself green lighting something that will take food from people’s mouths,” Bush said.
