Republican Rep. Nancy Mace of South Carolina has come out in opposition to the Fiscal Responsibility Act, a compromise proposal between President Joe Biden and House Speaker Kevin McCarthy to raise the U.S. debt limit and avert a default, she announced on Twitter.
Mace, who represents South Carolina’s 1st Congressional District, said that she couldn’t support the deal because the cuts to spending were too low and placed no limits on borrowing, according to a lengthy Twitter thread published wrote on Tuesday. She also cited provisions, termed the “fine print,” which allegedly contradict aspects of the bill.
Mace also highlighted a provision of the bill that would allow the Director of the Office of Management and Budget to spend money irrespective of PAYGO regulations, which were enacted by Congress in 1990 and require all new federal spending to not add to the national debt. “[T]hat one line wipes out PAYGO,” she wrote.
Mace also lamented that the bill does not reduce funding for 87,000 IRS agent hires, does not repeal the Biden-Harris Student Debt Relief program and raised work requirements for food stamp benefits by four years, from 50 to 54, for beneficiaries. The bill “[f]ully funds every spending request by the Administration. … Republicans got outsmarted by a President who can’t find his pants,” she wrote.
Washington is broken.
— Rep. Nancy Mace (@RepNancyMace) May 30, 2023
Republicans got outsmarted by a President who can’t find his pants.
I’m voting NO on the debt ceiling debacle because playing the DC game isn’t worth selling out our kids and grandkids.