house, it was just a clean debt ceiling. we only have the house. the president said he wouldn t negotiate with us, we were able to get in there. this is the biggest cut in american history, no new taxes, no new government programs. would i want to cut more? yes. i was only able to work at less than 15% of the budget. not sure what else they want to do, we were able to plus up defense and veterans, that nondefense is lower than we spent in 2022, look at where victories are. we allow them to keep going forward until january, but you have extraordinary measures. if we get a new president and senate majority, we will be able to tackle this. this is just a first step. steve: at this point, you republicans only control one half of one branch of
you have 72 hours, this is 99 pages. this is different than before. we will spend less money this year than last year. debt limit is like the family having a credit card you have been charging up every year and keep lifting the limit. this year is different. we say we will spend less. the mandatory spending and social security and medicare, i can only look at 15% of what we spend. elements like non-defense will go below 2022 levels, that is positive. we put ourselves on a spending plan and cap what we can spend for government. in a family, we may have a child, able-bodied, that is sitting on the couch collecting welfare. we will put work requirements on
the aisle. mccarthy is trying to sell the package to his side but meeting resistance from arch conservatives. now we say we ll spend less. i was than able to look at all what we spend our money on because the mandatory spending, social security and medicare is off to the side. what we did is elements like non-defense will go below 2022 levels. that s the positive. we put ourselves on a spending plan. senior gop source says republicans will have a majority of the majority, not as many yess as they hoped. democrats must pick up the slack. a sales job going on there, too. this was a budget negotiation that now means we won t have a government shutdown in september. so we should put that on the chalkboard as things that we got. we protected social security, we protected medicare, we protected
to restrain the appropriations process and the capacity to spend more money year-over-year. and we held the important administrative pay-go which puts into effect very expensive to the tact payer taxpayer, regulatory and executive decision making, we put constraints on that. there are cost savings there. but in terms of the fiscal house you want to understand what s happening now, we have spending caps in place. spending caps take non-defense discretionary spending down to 704. thank you for the appropriations reporters that care about the details of this this. and we hold vets harmless. so this means that for non-defense, non-veteran spending, there is, there are significant cuts year e over year. [inaudible conversations] yes, ma am. [inaudible] call the president this afternoon. we just want to get back together now that we ve finalized all the language, make
defense, which means a bigger cut to non-defense. maybe the republicans will be disappointed with the top line spending cuts, but then what will the democrats think when a bunch of the non-defense cuts are happening not really to cut the debt but in order to fund extra defense? there s a lot of difficulties on all sides here. that s why i think there s only so much the speaker can reasonably ask for. of course, there needs to be some form of compromise here. let s not pretend this is about the debt when you raise defense spending, when you started out saying he wanted to reduce tax enforcement, things like work requirements have little bunl budgetary impact. he should not pretend this is about the debt. that s a good reminder. the war supplemental passed this year only takes us to september. there s going to be a huge extra appropriation for ukraine coming