If the currently proposed debt ceiling deal with Democrats moves forward, will Americans ever trust the Republican Party again? Possibly not, but thankfully there ARE several GOP members standing strong against Speaker McCarthy’s deal. One of those taking a stand against it, Rep, Chip Roy, joins Glenn to explain just how ‘terrible’ this deal truly is: ‘They abandoned us. They failed. They cut a bad deal.’ But it hasn’t been passed yet. So, Rep. Roy explains how YOU can help stop this bill…
Below is a rush transcript that may contain errors
GLENN: I will get right to Chip Roy. Because he's on a tight schedule here. So let's go to Chip now. Hello, Chip, how are you?
CHIP: Glenn, I'm doing great. Great to be on. And yeah, I'm on a tight schedule, because we got to go fight, try to stop this thing. But happy to be on the show.
GLENN: Yeah, so I really think that Speaker McCarthy has just given the nomination to Donald Trump. For any of these weasels who are like, I don't want Donald Trump. He's an extremist. You just gave him the nomination, in my opinion.
Not that Florida, Ron DeSantis, is going to agree with this deal. But no one will trust the Republicans after this. We gave you the benefit of the doubt, McCArthy. And this is what you return. It's what, 4 trillion, or is it 6 trillion, that they can raise the debt ceiling up to in the next couple of years .
CHIP: Well, we should take it piece by piece. You're right that this is a, quote, unquote, deal.
For your listeners out there, who are smarter than the average listener, what we get is a date certain for a debt ceiling increase. January 1st, 2025. There is no actual dollar amount. So what that means is, you essentially have an uncapped increase in the debt ceiling to a date certain. That date certain happens to fall in the middle of a lame duck Congress, by the way. Right? Or lame duck presidency, if we're lucky.
What do we get for that probably $4 trillion of additional debt or more, depending on what happens, with it being uncapped, and able to be potentially extended. We get at best, in my opinion. If I'm being as dangerous as I can be, to the people that negotiated this, is a two-year freeze in spending. A two-year freeze in spending, roughly. I go up a little. Might be down a little. But basically a freeze, truly.
And that's only for two years of actual caps. And for that, you know, you will see a slight bending of the post-COVID curve.
Now, what does that mean? You'll see the Wall Street Journal. And they're bending the curve.
This is historic! They're flattening it. Yeah, we heard all that same crap during COVID by the way. This is just taking the post-COVID spending, and freezing it for a couple of years.
While we continue to feed the best. The federal bureaucracy. And we do nothing.
Nothing to end the IRA, subsidized unreliable energy.
We have minor work requirements. We basically increased the age for SNAP from 49 to 54, and call that a win while not touching Medicaid. We have no REINS Act, pulling back the regulatory state.
We get something called Administration Pay Go, to offset the cost of regulation. But they can wave it. Which means it's nothing. We uphold the student loans. To make the decisions about the $500 billion of picking winners and losers in student loans. The IRS stays expanded, minus basically 1.4 billion.
You really can't make this up. And with all due respect to the leadership.
They say it's historic.
They miscalculated it. They flipped into their old ways. I will meet with them today.
I will keep fighting.
I am trying to make it clear, that I'm trying to give them the benefit of the doubt. That this wasn't sinister.
That they just slipped to their old ways. Well, we have to do a deal. Yeah. You can't do that.
The no votes are mounting. And if you're a listener out there. Make sure every one of your members of Congress knows, get your -- your voices need to be heard. Vote no on this.
We can still kill this, and start over and do the right thing.
GLENN: I mean, I would take this, if you have the REINS Act.
But you got nothing.
You've got nothing. You have no reins, if you will, on this horse that is just being whipped to death, in spending.
CHIP: Yeah. Correct. That is 100 percent correct. We got -- out of the deal that we did.
Limit, Save, Grow. For a $1.5 trillion debt ceiling into early next year. We got a lot of good things.
And, look, I'm not saying whether I think we could have gotten every single piece of that.
I understand we've got to negotiate. I think that was the right starting place. But you tell me, you are going to jack this out two years, to almost $4 trillion, and you will get literally, not one actual full thing on the list of stuff we put, in the Limit, Save, Grow Act. Not one thing. Everything was like some fractional piece of something on the list. So they could say they did something. Right? 1.4 billion off of the 80 billion of the IRS. And then say, see, we did something for the IRS. No, you have $78.6 billion of expanded IRS that plays over ten years.
And you're trying to sell that to me, as a victory? That's just not correct.
This is old swamp thinking. This is a course correction.
GLENN: You know what, let's just -- let's just cut the crap.
Old swamp thinking. This -- nothing is changing with the Republican Party. Because the leadership, they're all swamp monsters. They're all swamp monsters.
Until those swamp monsters are put back out to pasture. You're not going to have anything changed. You're not.
You will have a lot of good Republicans like you, that have come up. And they actually mean what they say. And say what they mean.
But until -- until those swamp monsters are taken out, and, you know, let them go to their nursing homes. Nothing is going to change.
I don't know why we should give them the benefit of the doubt, that oh, you know. This is -- we made a mistake?
You had everything going for you.
Now -- now, what's going to happen?
The president made a deal. He compromised now the Republicans are -- it's just these extremists holding hostage.
The Republican Party. It's the same thing over again!
CHIP: Yes. Glenn, look, I agree with every word of it. Just, let's make sure I'm being very clear over here.
I personally think this was a complete and total sellout of everything that we accomplished in January, everything we did in the first Limit, Save, Grow Act, and everything we accomplished with HR2. I think it is -- I think it is a betrayal of the power sharing arrangement we put in place.
That would protect the Republican Party, to make sure we could advance the ball forward.
We are not blind to the fact that we have to figure out how to get 218 votes. We understand that's hard.
We had a process, that was working.
That process was completely abandoned last week. The deal was cut.
And that was a betrayal of the agreement, that we had reached, in order to create something, that we thought would work. That's what I'm getting at. I will try to fix that today. If I cannot, in the Rules Committee, when I go fight this in the Rules Committee. If I can't kill it. If we can't kill it on the floor tomorrow.
Then we will have to regroup and figure out the whole leadership arrangement again.
GLENN: I was going to say, you got it.
McCarthy, I gave him the benefit of the doubt.
I wasn't for him. I thought he was a swamp monster. And just last week, I thought, you know what, I'll give him credit.
He's playing this very well.
Now, he's just betrayed.
Again, I give the benefit of the doubt, to the Republican. And they just sheave me in the chest.
CHIP: So I want to be as clear as I can be. This is not the end of this. This is the process that we started in January. We showed that you can govern conservatively and win.
We did it. We were doing it. They abandoned it. It is our job now to course correct.
Again, not to quote Rumsfeld.
But you go to war with the army you have got.
Look, the bottom line is, we were winning. And we were demonstrating how to govern conservatively. So we will do that today. We will have a press conference in 45 minutes.
The 20 are strong. There are others that are with us.
We are going to make our message be loud and clear. I will make my message loud and clear in the Rules Committee, and then we will keep moving forward.
Trying to earn votes, and try to build out where we need to head. To do exactly what you just said. To make sure the American people are inspired.
What I was trying to tell the people here, that if we lose. And we lose the votes, because we get rolled. They get these addendums and the squishes in our conference, that roll us.
Don't go and roll -- you know, roll, and cut a deal. And then go try to sell me, that it's not, you know, selling me out.
Because that's what they're doing. They're trying to snow me. They're trying to snow the American people. And say, oh, this is a great deal.
It is not.
The chart that I put out on my Twitter account. Social media. Where I make very clear. The side-by-side comparison of where we were. And where we ended up.
And it's not even close.
I know you have to run. So what do you want the American people to do?
Anybody that still -- honestly, I don't know how many times, you guys can say, call your Congressman. Because, I mean, really?
CHIP: Well, let me back up and just say, for five months, we actually were winning.
HR2 wasn't backed in a historic position for Republicans to take on the board. The first Limit, Save, Grow Act. That was a pretty historic bill.
So now, they abandoned us. They failed. They cut a bad deal.
It hasn't been passed yet.
Just get involved in the next 48 hours.
Make sure every Republican knows, is this a bad deal.
Make your voice heard loudly. Do it on social media. Do it to their offices.
We will fight on here. Then we will regroup. And figure out what the next step is. To hold the line, and make sure we're going to get our leadership arrangement, for collecting conservative principles again.
I promise, we will keep fighting.
The 20 aren't flinching, Glenn. We are just starting.
GLENN: Okay. Good.
Would love to have you. And anyone else in that 20, that would like to come in and talk tomorrow about the progress. Because we have 48 hours. I would love to have you back on tomorrow, Chip. And just give us an update. Thank you.
CHIP: Okay. Happy to do it. Either I will do it, or somebody else.
GLENN: Thank you so much. Buh-bye. That is the problem. We do have people in there that are really fighting hard.
For the first time, I think we have 20 people that will stand, but it's all these mamby, pamby, wishy-washy.
Look what the left has done to the country!
Because they will sell out every principle they have. They don't care who they stand with.
And they're standing with Marxists.
Well, I think we should give them more money. I don't want to be an extremist.
You're being an extremist.
You're standing for the Constitution!
What is wrong with the American people?
When did the Constitution -- the longest running Constitution, in all of the history of man. The average Constitution lasts 17 years!