Rep. Nancy Mace came out in opposition to the recent debt ceiling deal struck between President Joe Biden and House Speaker Kevin McCarthy (D-CA) over the weekend.
"Washington is broken. 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," Mace tweeted Tuesday morning.
BIDEN NEEDS TO SHELVE TAX INCREASES AND FOCUS ON SPENDING
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.
Mace previously signaled opposition to the Limit, Save, Grow Act, Republicans' initial offering in the debt limit negotiations, before later coming around.
Following weeks of tense discussions, negotiators revealed Saturday that they achieved a breakthrough with the Fiscal Responsibility Act of 2023. The bill, which was released Sunday, would suspend the debt ceiling for roughly two years in exchange for a slew of spending clawbacks and other reforms.
Treasury Secretary Janet Yellen most recently projected that the government has until June 5 before it could start running dry on cash to meet its obligations if no debt limit hike occurs.
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This is a breaking story and will be updated.