Skip to main content

Market Overview

Matt Gaetz Threatens To Oust 'Failed' House Speaker Kevin McCarthy Amid GOP Spending Cuts Dispute

Share:
Matt Gaetz Threatens To Oust 'Failed' House Speaker Kevin McCarthy Amid GOP Spending Cuts Dispute

Rep. Matt Gaetz (R-FL) is threatening to force a vote to remove House Speaker Kevin McCarthy from his position.

What Happened: Gaetz, on the House floor Tuesday night, repeatedly expressed his intention to evict McCarthy if he does not comply with conservative demands related to spending and legislation, The Hill reported.

He alleges the House has been poorly led under McCarthy and is ready to take action. "And the one thing I agree with my Democrat colleagues on is that for the last eight months, this House has been poorly led," he said.

"And we own that and we have to do something about it and you know what? My Democratic colleagues will have an opportunity to do something about that too, and we will see if they bail out our failed Speaker."

The representative from Florida emphasized the country’s financial crisis, stating the U.S. is $33 trillion in debt and facing $2 trillion annual deficits.

See Also: McCarthy Vows To Exclude Ukraine Funds From Pentagon Bill

The Florida Republican insisted that he is committed to carrying out the threat, although he has not yet introduced a formal motion to initiate the process.

McCarthy, in response to Gaetz’s threats, said, “People have got to get over personal differences. I’m focused on America.”

He also implied that Gaetz’s comments didn’t bother him.

Why It Matters: Gaetz, along with other hard-line House Republicans, has vowed to oppose a short-term funding bill, known as a continuing resolution (CR), that would keep the government open past the Sept. 30 deadline.

Despite this, House Republicans managed to advance four full-year spending bills in a 216-212 vote on Tuesday night, granting McCarthy a minor victory. However, the advancement of these bills does not prevent a potential shutdown.

Meanwhile, Rep. Jamie Raskin (D-Md) had earlier warned that the looming shutdown could potentially threaten the political future of key advocates like Gaetz and Rep. Marjorie Taylor Greene (R-Ga.), if they continue to oppose the spending bills.

Read Next: Marjorie Taylor Greene Lone Republican To Vote Against Spending Bills As GOP Seeks Shutdown Solution

Photo via Shutterstock

 

Related Articles

View Comments and Join the Discussion!

Posted-In: GOP House House Speaker Kevin McCarthy Marjorie Taylor GreeneNews Politics Top Stories General

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com