Rep. Marlin Stutzman, R-Ind., a self-described “budget hawk,” told Newsmax on Wednesday that he’s “going to wrestle” with the Senate’s version of President Donald Trump’s “big, beautiful bill” to wring as many spending cuts out of it as possible.
“That’s what we’re going to talk about this morning,” Stutzman said on “Wake Up America.” “They raised the debt ceiling some more and I don’t like that. I’m also understanding that when you have a business that is defunct or is going bankrupt, you either have to raise capital or you have to borrow money. You have to do something to be able to keep the lights on and, sadly, this is not just members of Congress saying this. This is big voices in the financial sector — [JPMorgan Chase CEO] Jamie Dimon, [Bridgewater Associates hedge fund firm founder] Ray Dalio.
“That’s where [tech billionaire] Elon Musk is such a big voice on this, is that we are really at that point where we’re going to have a debt crisis. And so, that’s what I’m going to wrestle through today and find out and talk to the White House. They’ve already assured me that they’re going to have more spending cuts coming in the next bills, but when you have this bill right in front of you, you want to get everything that you can.”
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