House Republicans Propose Cuts to Biden’s Budget, Sparking Criticism from Both Sides of the Aisle

House Republicans Propose Cuts to Biden’s Budget

A group of ultraconservative House Republicans proposed a plan on Friday to tackle the debt ceiling and roll back President Joe Biden’s signature Inflation Reduction Act. The plan, which is highly unlikely to become law, was released in response to Biden’s newly-released budget plan and continued criticism from Democrats.

The plan, proposed by the House Freedom Caucus, chaired by Rep. Scott Perry, R-Pa., includes nixing Biden’s $400 billion in student debt relief; rescinding unspent Covid-19 funds; cutting the climate change funding and $80 billion for added IRS enforcement under the Inflation Reduction Act; and capping discretionary spending at […] Congress needs to pass a budget and lift the debt ceiling.

The proposal represents a major challenge facing GOP Speaker Kevin McCarthy, as he works to unify a conference that is divided on strategy in the face of a looming deadline to avert an economically calamitous default. Democrats have been critical of the proposal, with House Budget Committee Chairman John Yarmuth, D-Ky., calling it “a non-starter.”

The proposal has been met with opposition from both sides of the aisle, with many arguing that it would be detrimental to the economy. Rep. Don Beyer, D-Va., said the plan “would be a disaster for the economy and for the American people.”

The proposal has been met with criticism from the White House as well. White House Press Secretary Jen Psaki said the proposal “would be a major step backward for the American people and our economy.”

With the deadline to avert an economically calamitous default quickly approaching, it remains to be seen if the proposal will gain any traction. It is clear, however, that the proposal has been met with opposition from both sides of the aisle.