All eyes on swing vote Massie as House panel takes up debt ceiling bill

McCarthy and President Joe Biden reached an"agreement in principle" on Saturday to raise the debt ceiling in exchange for modest spending cuts. GOP leadership released the bill's text less than a day later, setting off a mad scramble by lawmakers to review and pass the bill before a June 5 deadline to avoid default.

But two hard-liners who were elevated to the committee in January as part of a GOP deal to elect McCarthy speaker, Reps. Chip Roy and Ralph Norman , appear ready to vote against the legislation on Tuesday, disappointed that it didn't go further in its spending cuts. But Massie, who aligns with the caucus on fiscal austerity — he regularly sports a national debt clock on his jacket lapel — has yet to say how he will vote on Tuesday. His office declined to disclose where he stands.

The congressman's silence has injected yet another day of suspense into the drama that has been the debt ceiling standoff. In exchange for a two-year hike in the federal borrowing limit, the legislation roughly freezes next year's spending at fiscal 2023 levels, followed by a 1% increase in 2025. The legislation also imposes some changes to work requirements for food stamps and will speed the development of energy projects with permitting reform.

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