Overview
- On CNBC’s “Squawk Box,” Johnson called the bill “grotesque” and “immoral,” warning it mortgages future generations’ prospects.
- He highlighted that the debt has climbed from $14 trillion to over $37 trillion and cautioned a 1 percent rate hike could add $4 trillion to deficits over ten years.
- Johnson proposed a two-part structure: immediate funding measures followed by deeper long-term spending cuts to win fiscal conservatives’ backing.
- White House press secretary Karoline Leavitt labeled his and Sen. Rand Paul’s objections “blatantly wrong,” leading Johnson to accuse the administration of insulting GOP dissenters.
- Senate leaders are weighing revisions, including splitting the bill, to muster the narrow Republican majority needed for passage.