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Hill Conservatives Sound Alarm Over Spending Deal

conservatives sound alarm spending deal FISA spying Clinton funded dossier seniors medical testing AMAC town hall swing steele dossier socialist revolution looming AMAC congressSome conservatives in Congress are denouncing a spending compromise between President Donald Trump and congressional Democrats “that increases spending by about $2 trillion over the next 10 years, but provides only $77 billion in offsets,” according to the chairman of the Republican Study Committee.

“While conservatives can appreciate the agreement’s restrictions on poison-pill riders, the price alone is far outside of what Congress should be allocating,” Rep. Mike Johnson, R-La., added in a statement.

The spending deal, which is expected to be voted on this week before Congress adjourns for its August recess, combines a temporary suspension of the debt limit through July 31, 2021, with raising the spending caps in the Budget Control Act for fiscal years 2020 and 2021—meaning the federal government would have no limit on how much it can borrow, as The Daily Signal previously reported.

“With more than $22 trillion in debt, we simply cannot afford deals like this one,” Johnson said. “I am disappointed Democrats denied the administration even modest concessions, and I will continue to make the case for restoring fiscal sanity in the Congress.”

The deal allocates $738 billion for military spending, which is less than the  $750 billion requested by Trump.

Rep. Mark Walker, R-N.C., a former chairman of the Republican Study Committee, also voiced his displeasure with the spending deal.

“The debt ceiling is here again,” Walker tweeted. “Our credit card is maxed out. What this budget deal does is ask the credit card company for another $320 billion in credit NOW for the chance to get paid back $75 billion in a decade. No bank would take that. American taxpayers shouldn’t either.”

The Wall Street Journal reported that Rep. Chip Roy, R-Texas, called out Trump for negotiating through Treasury Secretary Steven Mnuchin, rather than acting Office of Management and Budget Director Russell Vought.

“The president should be listening to [acting White House Chief of Staff] Mick Mulvaney and Russ Vought, and he should not be listening to Steven Mnuchin, period,” Roy said, appearing to suggest that he doesn’t trust Mnuchin to fight for conservative Republican budget priorities.

Roy added that “Senate Republicans will never not find a corner where they can go and hide,” implying that Republicans in the other chamber cannot be counted on to cut spending.

Roy also tweeted about the spending deal:

In May, Roy penned a letter, signed by more than 40 of his House GOP colleagues, asking House Speaker Nancy Pelosi, D-Calif., to pursue only spending deals that adhere to the budget caps for fiscal years 2020 and 2021.

Conservative lawmakers in the Senate are also not happy about the so-called deal.

“The Trump economic boom gave us the best economy we’ve had in decades, and in any business, now would be the time to cut spending & save up for a rainy day,” freshman Sen. Mike Braun, R-Ind., tweeted.

Sen. Rand Paul, R-Ky., likewise weighed in on Twitter:

Reprinted with permission from - The Daily Signal - by Rachel del Guidice

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Bob L.

What we see as far as a budget/spending is nothing compared to what is contained in off budget and unfunded liabilities. a few years ago, I saw a report that said unfunded liabilities were over $120 trillion. Just how much is the “full faith and credit” of the U.S. dollar worth? The dollar in 1900 had more than 30 times the value of today’s dollar. Because of currency manipulation by the FED and the big mega-banks, the dollar has not exploded into hyperinflation – yet. Our “money” today is no better than monopoly money or cyber currency like Bitcoin. There is nothing supporting the dollar other than people still willing to accept it as a means of exchange. There is no stable backing of it at all. That’s why there are precious metal companies encouraging purchasing and taking physical possession of gold and silver. Fort Knox? No one in Congress… Read more »

therealdeal

We have to reign in spending!!! 22 trillion what is the interest on that? Our inflation isn’t that bad now, but what happens when it starts rising. Our debt is unsustainable. Just like our own personal debt. The sooner a person deals with it the quicker it is fixed. If we don’t deal with it, our money will be worthless!!! Then we all will be in the bread and toilet paper line.

michael failla

I have to live within a budget so why does my government not have to live within a budget? Its not easy but i cant print money but they can, they can borrow hugely, i cant.

Pete M

This budget deal is totally irresponsible and unconscionable!! The debt limits should be lowered, not raised!! I’m very disappointed in the President, who I applaud for almost every other action he has taken. The fact that only a few AMAC members have commented on this piece suggests that not enough constituents care about our massive national debt and, henceforth, neither do many members of Congress. We can expect the problem will only exacerbate going forward!!

Albert Paparesta

Can you imagine, the Democrats want the same government that hadn’t passed a budget for 5 or 6 years, the same government that runs up trillion dollar deficits on a yearly basis, the same government that has amassed more than 22 trillion dollars in short term debt and the same government that is leaving our children, grand children and great grand children with unfunded mandates, i.e. debt, in excess of 100 trillion dollars. Now they want that same government to be put in control of 1/6 of the nations economy. ARE THEY NUTS!!?

Sandra W

Congress you cut Your celery in half and you pay back the debt you are allowing our country to have! WE love our country and you are selling us down the drain. No, we will not want Republicans again because they look like Democrats.

Earnie Clarke

Everyone talks about cutting spending, but no one does anything.

Veteran

The President needs to stop listening to RINOs like Lindsey Graham, and Mnuchin, as well as his daughter Ivanka, going wobbly on Obamacare was bad enough, this deal under the tutelage of Mister Mnuchin was not a stroke of genius, should he now, as reports indicate, listen to Ivanka and turn on gun owners and to the delight of Democrats get onboard their gun grabber train and besides the banning of bump stocks and his comments on silencers get behind an “assault weapons” ban, red flag laws, and a possible gun registry in the form of even harsher background checks than the already existing NICS he might find himself facing a primary, the last best hope for the Democrat circus clown train insane asylum of candidates to gain any momentum in 2020. I hope he proves once gain that he is able to recognize when those around him are trying… Read more »

Chris

Proof that Trump does not and never did care about the debt/deficit; he doesn’t understand the difference between running a business and the US government-not to mention that it confirms he lied about being a fiscal conservative. He’s just a good swampy president.