The Republican leader defends the agreement with the government

He The leader of the Republican majority in the US House of Representatives, Kevin McCarthyhe defended the principle of the agreement reached with the White House to raise the debt ceiling, in the face of criticism from some lawmakers from the most conservative wing of his party.

He agreement principle he quickly encountered criticism from the most radical factions of the Republican Party. They consider it insufficient and believe that there are excessive concessions to the positions of the Democrats.

Republican representatives like Dan Bishop and Chip Roy or senators like Rand Paulamong other things, harshly accused McCarthy, assuring that the spending “cuts” he talks about are not real and do nothing more than maintain the status quo.

“This deal is crazy. Raising the debt ceiling by $4 trillion with almost no cuts is not what we agreed to. I will not vote to destroy our country,” he said on Twitter. Conservative Congressman Ralph Norman.

Considering the narrow majority that Republicans have in the Lower House and Democrats in the Senate, a priori This pact will need broad support from moderates in both parties if it is to move forward.

At his press conference, McCarthy downplayed conservative criticism. And he stressed that it is necessary for the two sides to make concessions in order to reach an agreement and avoid the suspension of payments by the United States.

After the night’s work on the drafting of the text, it is planned to publish the document i they can vote next wednesdaywhich was confirmed by McCarthy.

On the other side, House Democratic leader Hakeem Jeffrieshe told CBS that he hopes his party’s lawmakers will support the deal, though he declined to give numbers while he waits to see the final text.

He the more progressive wing of the Democratic Party So far, he has refused to back Republican demands known to appear in the pact, such as new work requirements for access to some welfare benefits.

If approved, the compromise reached will raise the debt ceiling for the next two years. In other words, until the next presidential election, it will eliminate the risk of suspension of payments during that period.

The debt limit is the total amount of money the United States Government is authorized to borrow to meet its existing legal obligations. and be able to pay Social Security and Medicare benefits, military pay, interest on the national debt, tax refunds, and other payments.

From time to time, the United States faces default on its national debt because, unlike other countries, The government can only issue debt up to a limit set by Congresswho has the power to raise that ceiling as he sees fit.

On January 19, the country reached its legal debt limit of $31.4 trillionwhich is why the Ministry of Finance has since resorted to extraordinary measures to pay bills.