Sen. Tim Scott opposes House Speaker Kevin McCarthy's budget deal with President Biden, saying it gives President Biden a blank check.
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Sen. Tim Scott, R-S.C., announced Wednesday that he opposes House Speaker Kevin McCarthy's negotiated budget deal with President Biden.the bill does too little to cut back on IRS expansion and would also give Biden unlimited spending for the rest of his term. The 2024 presidential hopeful nevertheless praised McCarthy's ability to negotiate with Biden, going on to note that some members of the House Freedom Caucus have agreed to support the bill despite earlier misgivings.
"Kevin did a good job of figuring out how to negotiate with someone who did not want to negotiate," Scott said."But at the end of the negotiation, is it in our best interest as a nation to allow Joe Biden, someone we cannot trust on spending, to have an open checkbook--no limit on the credit card--until the end of his term?"Sen. Tim Scott, R-S.C.
Scott, who recently launched his 2024 presidential campaign, went on to say that the bill also does too little to cut Biden's expansion of the IRS. The Biden administration secured funding to hire 87,000 more IRS agents in the coming years, but the bill only cuts funding for the first year of hires.[includes] a $1.4 billion freeze on spending for the IRS. The 87,000 new agents won't be coming this cycle, this fiscal year, but the next one we could see that happening," Scott said.
President Biden, left, and House Speaker Kevin McCarthy came to an agreement in principle on a budget deal that would raise the U.S. debt ceiling and avoid a default.
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