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2024 GOP presidential contenders criticize debt ceiling deal

2024 GOP presidential contenders criticize debt ceiling deal

CBSN
Thursday, June 01, 2023 12:56:04 AM UTC

As Congress moves closer to passage of a bill to raise the debt limit and avoid a catastrophic U.S. default, some 2024 Republican presidential hopefuls are weighing in on the legislative deal reached between House Republicans and President Joe Biden – and taking aim at Washington over spending. 

After months of standoffs, negotiators reached a deal Saturday ahead of June 5, the date by which the Treasury Department estimates the government will run out of money to pay its obligations. The agreement suspends the debt limit until early 2025 after the presidential election. It also locks in non-defense spending for 2024 at 2023 levels before allowing a slight increase in 2025.

Democratic and Republican leaders are touting it as a victory, but the GOP presidential hopefuls are unimpressed. Here's a round-up of their responses:

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