Speaker McCarthy struggles to sell fellow Republicans on debt ceiling compromise

After House Speaker Kevin McCarthy compromised on with President Joe Biden over Memorial Day Weekend, Rep. Chip Roy, R-Texas, said there will be a “reckoning.”

SCOTT APPLEWHITE/Associated Press

Rep. Chip Roy, R-Texas, a member of the House Rules Committee, joins other lawmakers from the conservative House Freedom Caucus at the Capitol on May 30, 2023, to voice objections to the debt limit deal reached by House Speaker Kevin McCarthy, R-Calif., and President Joe Biden over Memorial Day Weekend.

WASHINGTON — Under fire from conservatives, House Speaker Kevin McCarthy worked strenuously Tuesday to sell fellow Republicans on the debt ceiling and budget deal he negotiated with President Joe Biden and win approval in time to avert a potentially disastrous U.S. default.

Leaders of the hard-right House Freedom Caucus lambasted the compromise as falling well short of the spending cuts they demand, and they vowed to try to halt passage by Congress. A much larger conservative faction, the Republican Study Committee, declined to take a position, leaving McCarthy hunting votes.

With tough days ahead, the speaker urged skeptical Republican colleagues to “look at where the victories are.” Unhelpfully for Biden, he said of the Democrats on “Fox and Friends,” “There’s nothing in the bill for them.”

A key test was coming late Tuesday, when the House Rules Committee was to consider the 99-page bill and vote on sending it to the full House for a vote expected Wednesday evening.

The Rules Committee debate was filled with objections from both the left and right. Yet, in a notable development, conservative Rep. Thomas Massie, R-Kent., said he’d vote in favor of advancing the bill to the House floor, almost ensuring it would clear the first hurdle.

Quick approval by both the House and Senate would ensure government checks will continue to go out to Social Security recipients, veterans and others and prevent financial upheaval worldwide by allowing Treasurys to keep paying U.S. debts. The deal would restrict spending over the next two years, but it includes environmental policy changes and expanded work requirements for some older food aid recipients that Democrats strongly oppose.

McCarthy said he’d talk with lawmakers in the evening as they return to Washington from the long Memorial Day weekend ahead of crucial votes.

“This is just the first step,” the Republican speaker said of his agreement with Biden.

With few lawmakers expected to be fully satisfied, Biden and McCarthy are counting on pulling majority support from the political center, a rarity in divided Washington, to prevent a federal default. Some 218 votes are needed for passage in the 435-member House.

House Democratic leader Hakeem Jeffries said it’s up to McCarthy to turn out votes from some two-thirds of the Republican majority, a high bar the speaker may not be able to reach. Still, Jeffries said the Democrats would do their part to avoid failure.

“It is my expectation that House Republicans would keep their promise and deliver at least 150 votes as it relates to an agreement that they themselves negotiated,” Jeffries said. “Democrats will make sure that the country does not default.”

McCarthy could expect no help from the right.

“This deal fails, fails completely, and that’s why these members and others will be absolutely opposed to the deal,” Rep. Scott Perry, R-Pa., the chairman of the Freedom Caucus, said, flanked by others outside the Capitol. “We will do everything in our power to stop it.”

Ominously, the conservatives warned of potentially trying to oust McCarthy over the compromise.

Liberal Democrats decried the new work requirements for older Americans, those 50-54, in the food aid program. And some Democratic lawmakers led an effort against a surprise provision to greenlight a controversial Mountain Valley Pipeline natural gas project through Appalachia.

Rep. Pramila Jayapal, D-Wash., chair of the Congressional Progressive Caucus, said she appreciated that Biden minimized the “extreme demands” Republicans made on spending, but she raised concerns about the food stamps and other environmental policy changes.

She also had this warning for McCarthy: “He got us here and it’s on him to deliver the votes.”

Biden spent part of the Memorial Day holiday working the phones, calling lawmakers in both parties.

“I feel very good about it,” Biden said Monday, adding he had also spoken to Senate Republican leader Mitch McConnell, a past partner in big bipartisan deals who largely has been sitting this one out.

Wall Street was taking a wait-and-see approach. Stock prices were mixed in Tuesday’s trading. U.S. markets had been closed when the deal struck over the weekend.

Overall, the package is a tradeoff that would impose some federal spending reductions for the next two years along with a suspension of the debt limit into January 2025, pushing the volatile political issue past the next presidential election. Raising the debt limit, now $31.4 trillion, would allow the Treasury to continue borrowing to pay the nation’s already incurred bills.

All told, the package would hold spending essentially flat for the coming year, while allowing increases for military and veterans accounts. It would cap growth at 1% for 2025.

Policy issues raised the most objections.

Questions were also brought up about the unexpected provision that would give congressional approval to the Mountain Valley Pipeline, a natural gas project important to Sen. Joe Manchin, D-W.Va., that many Democrats and others say is unhelpful in fighting climate change.

The top Democrat on the House Natural Resources Committee, Rep. Raul Grijalva of Arizona, said including the pipeline provision was “disturbing and profoundly disappointing.”

But Manchin on Tuesday touted the pipeline project as something “we know we need.”

The House aims to vote Wednesday and send the bill to the Senate, where Democratic Majority Leader Chuck Schumer and McConnell are working for passage by week’s end.

Schumer called the bill a “sensible compromise.” McConnell said McCarthy “deserves our thanks.”

Senators, who’ve remained largely on the sidelines during negotiations between the president and the House speaker, began inserting themselves into the debate.

Some senators are insisting on amendments to reshape the package from both the left and right flanks. That could require time-consuming debates that delay final approval of the deal.

For one, Sen. Tim Kaine, D-Va., planned to file an amendment to remove the pipeline provision.

But making any changes to the package at this stage seemed unlikely with little time to spare. Congress and the White House are racing to meet the Monday deadline now less than a week away. That’s when Treasury Secretary Janet Yellen has said the U.S. would run short of cash and face an unprecedented debt default without action.

A default would almost certainly harm the U.S. economy and spill around the globe, as the world’s reliance on the stability of the American dollar and the country’s leadership fell into question.

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