Chip Roy Profile picture
May 28 10 tweets 2 min read Twitter logo Read on Twitter
THREAD: Turns out this chart is basically accurate. Will fill it in tomorrow more fully… but to best of our current understanding with NO text… 1) Debt ceiling set til 1/1/2025 - which means unknown debt increase - but $4 Trillion is a good estimate... (1/10)
…2) Debt Ceiling “Deal” totally scraps the $131BB in cuts to return bureaucracy to pre-COVID levels in favor of what appears to be effectively flat spending (down or up a little) - at the bloated 2023 Omnibus spending level, jammed through in a rush in December… (2/10)
3) Debt Ceiling “Deal” abandons work requirements for Medicaid (3/10)
4) Deal abandons our repeal of the so-called Inflation Reduction Act tax-credit crony giveaways - which Goldman Sachs says costs $1.2 Trillion. (4/10)
…The deal abandons inclusion of the very powerful anti-regulatory REINS Act (which we just passed through House Judiciary as well) in favor of a form of administrative pay-go which is relatively toothless and/or able to be waived... (5/10)
…The deal abandons full repeal of Biden’s unlawful student loan bailouts - forcing only a re-start to a small number while leaving in place $400 billion+ in loan forgiveness and punting our constitutional duty to the Court... (6/10)
…The deal keeps full $80BB expansion of the IRS and the 87,000 employees it funds to target poor/minority 3-5x more - except for $1.9BB for this year... (7/10)
…The deal does claw back $29BB remaining of the COVID unobligated funding which is used as part of the budget games... (8/10)
…Does nothing for the border. Does nothing regarding pistol braces. Does nothing regarding Presidential overreach. And in many ways kills our leverage to get them through the appropriations process... (9/10)
…Finally, again… this deal raises our debt ceiling an unlimited amount that is likely close to or over $4 Trillion. #DebtCeiling (10/10)

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More from @chiproytx

May 19
THREAD on #DebtCeiling. The @HouseGOP passed #HR2811 - the Limit, Save, Grow Act - that raises the debt ceiling $1.5 Trillion or until 3/31/24, for sensible, purposeful non-political reforms. Those reforms should NOT be abandoned - because they matter… (1/10)
…Purposeful reform #1: Cut the federal bureaucracy to pre-COVID levels by limiting total discretionary 2024 spending to 2022 levels ($1.471 TR) -which constrains woke bureaucrats to help spur growth & freedom, & re-sets spending to save $131BB now, & 3.5TR over 10 years… (2/10)
…Purposeful reform #2: Cut the so-called “inflation reduction act” tax credit give-aways to rich, white, elites (90%+ corp subsidies go to $1BB+ corps, 80% of EV go to $100K+ people) to save $1.2 TR, keep reliable power, & end increases to the cost of gas/electricity… (3/10)
Read 10 tweets
Apr 29
THREAD: Things @JoeBiden wants to hide by fear-mongering that the @HouseGOP debt-ceiling plan to #LimitSaveGrow will “cut” veteran benefits & meals on wheels… A) the only ones talking about cutting veterans are Joe Biden & Democrats - we simple set a total spending cap… (1/9)
…and B) we capped it at $1.471 trillion, the TOTAL spending number we were using literally less than 5 months ago, which allows Congress to choose how to spend it! e.g. if we keep defense at current level, we can fund the the remaining bureaucracy at pre-COVID levels… (2/9)
… and/or allows C) the same amount as that MAGA extremist Barack Obama’s last budget level for this year! Moreover, D) @joebien doesn’t want you to focus on all the ridiculous waste and woke / weaponized spending we could cut… (3/9)
Read 9 tweets
Apr 3
The @HouseGOP is working to save America from the double-barreled disaster of stagflation while Dems fiddle. We offer to do what we said - spending reforms, not a blind increase of Govt borrowing. What’s possible? THREAD: (1/7) #ShrinkDCGrowAmerica
wsj.com/articles/kevin…
1st, we return discretionary spending to 2022 levels (i.e. what we were spending 4 mos ago) to fund defense at 2023 levels (beat China) & simply cut weaponized bureaucracy to pre-COVID 2019 levels, which is exactly 2024 levels in Obama’s last budget! (2/7) #ShrinkDCGrowAmerica
2nd, we save around $500BB in CURRENT $ by reclaiming COVID emergency spending - some $70+ billion of unobligated COVID money & the $400+ Billion in the unfair transfer of bloated student loan payments to the working class… #ShrinkDCGrowAmerica (3/7)
Read 8 tweets
Mar 15
Ron DeSantis for President of the United States #NeverBackDown #DeSantis2024
The next President of the United States must be a vibrant and energetic leader with the faith, vision, and courage to chart a new course.   America needs a leader who will truly defend her and empower the people against the destructive force of unrestrained government and..
corporate excess, profligate spending, and woke cultural indoctrination.

That leader is Florida Governor Ron DeSantis.
Read 14 tweets
Dec 28, 2022
BORDER THREAD: A) Title 42 is NOT border policy & should not be treated as such. Too many GOP use it as cover for weak border efforts when we should not perpetuate the myth of on-going pandemic (see, e.g., student loans); B) We can & should fix the border w/ #HR7772… (1/6)
… the principles laid out in the #TxBorderPlan & we must do these things precisely b/c Title 42 is not an actual fix but a bandaid; C) Now, of course Title 42 can be aggressively used for duration of ANY concurrent federal “pandemic” mandates being used against citizens… (2/6)
…& federal policy makers can debate that, & we should; D) But, ACLU leftists went to District Court to compel the feds to end Title 42 & the court agreed, E) states said - hold up, we get a say if the district court is going to make policy… (3/6)
Read 6 tweets
Dec 21, 2022
THREAD: 21 Senators voted to proceed to the $1.7 trillion omnibus - & to spend billions we do not have, empower Biden bureaucrats with no fixes, & block us from securing the border for at least 9 mos. Some are friends, one my former boss.. but unless… (1/13) #StandUpForAmerica
…they change their vote on final passage, I don’t care & will oppose their bills/priorities - & not for revenge, but b/c it’s the only tool I have to pressure them to stop doing this to us. This vote is indefensible, & damaging to Texas. It takes away our leverage to… (2/13)
…force Biden to secure the border & in fact specifically says new DHS money can only be used to process MORE people - which will lead to more fentanyl, violence, & death. For Texans, this alone is reason enough to oppose this terrible bill (cc: @JohnCornyn)… (3/13)
Read 13 tweets

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