Bipartisan Debt Ceiling Deal A Disaster For US Defense

EDITOR'S NOTE: Senator Lindsey Graham, R-S.C., set off alarm bells on Monday as he warned of the perilous consequences of the bipartisan debt ceiling bill, sounding the clarion call for a sterner look at its potential for crippling America's defense. He vowed to marshal every resource at his disposal within the Senate to undo what he sees as a catastrophe in the making. In a climate riddled with global threats, Graham admonished political leaders for the risk of eviscerating our national security apparatus and challenged them to eliminate this seemingly absurd possibility.

Graham's concerns stretch beyond the confines of the debt ceiling bill, escalating into a broader cautionary tale about the dire implications of the Biden administration's defense budget. Citing a distressing lack of foresight, he raised a red flag, warning that the budget's inadequate provision for defense spending could inadvertently bolster China's growing global influence. The senator expressed his dismay over the contradictory actions of both Democrats and Republicans, who alarm the nation about the burgeoning threat from China yet appear to support a bill that potentially undermines the country's defense posture. In light of these concerns, Graham's pressing demand for a robust reconsideration of our national defense strategy and our support for Ukraine becomes even more urgent. As the suspense around the debt ceiling bill continues to unfold, it raises fears of an impending storm in the geopolitical sphere, with the specter of an empowered China looming ominously on the horizon.

President Biden and House Speaker McCarthy reached a deal late Sunday to avoid a US debt default

Sen. Lindsey Graham, R-S.C., vowed Monday he would do everything within his power to "undo" the bipartisan debt ceiling bill and the "disaster" he said it would be for America's defense.

"I will use all powers available to me in the Senate to have amendment votes to undo this catastrophe for defense," Graham wrote on Twitter. "I support raising the debt limit for 90 days to give us a chance to correct this disaster for defense." 

"Have total disgust for political leaders’ decision to make it remotely possible to gut our national security apparatus at a time of great peril. Take this absurd idea off the table," he added.

I will use all powers available to me in the Senate to have amendment votes to undo this catastrophe for defense. I support raising the debt limit for 90 days to give us a chance to correct this disaster for defense.

— Lindsey Graham (@LindseyGrahamSC) May 29, 2023

Source: Twitter

Earlier in the afternoon, he repeated criticism he leveled against the defense spending aspects of the deal on Sunday, calling it "welcome news to China," and suggested it ran counter to Democrats' and Republicans' "screaming about the rise and growing threat of China."

"How far the Party of Ronald Reagan has fallen. The Biden defense budget has been ridiculed by Republicans for over a year," he wrote on Twitter. "As to the share of GDP spent on defense, the Biden budget matches and eventually dips below the lowest level in modern history. Nothing in this bill provides weapons or technology to help Ukraine defeat Putin and make the world more stable."

"To Biden, McConnell, and McCarthy, what are we going to do about our own national defense as well as our support of Ukraine? We need to know," he added.

During an appearance on "Fox News Sunday," Graham warned House Speaker Kevin McCarthy, R-Calif., against slashing the defense budget in order to reach a deal on the debt ceiling. His comments came prior to the release of the full details of the deal.

"Number one, I respect Kevin McCarthy. I want to raise the debt ceiling. It would be irresponsible not to do it. I want to control spending. I’d like to have a smaller IRS. I’d like to claw back the unused COVID money. I know you can’t get the perfect – but what I will not do is adopt the Biden defense budget and call it a success," Graham said. 

"Kevin said that the defense is fully funded. If we adopt the Biden defense budget, it increases defense spending below inflation – 3.2% increase in defense is below inflation," he added.

Biden and McCarthy reached an agreement on the debt ceiling late Sunday, averting a potentially catastrophic U.S. default just days ahead of a June 5 deadline. They released the House version of the bill later in the evening.

The deal includes a 3% rise in defense spending next year, less than the current annual inflation rate of more than 4%. It would also keep nondefense spending roughly flat in the 2024 fiscal year and increase it by 1% the following year, as well as provide for a 2-year debt-limit increase.

The House Rules Committee will meet at 3 p.m. on Tuesday to prepare the debt ceiling bill for a debate on the floor Wednesday.

Originally published by: Brandon Gillespie, Danielle Wallace, Bradford Betz, and Chad Pergram on FOX Business