Donald Trump’s former adviser and prominent far-right media personality, Steve Bannon, is calling on his supporters to stop funding the Republican Party after the recent debt ceiling compromise.
After weeks of back and forth, President Joe Biden and House Speaker Kevin McCarthy (R-CA.) reached an agreement last week to raise the U.S. debt ceiling to avoid a historic default.
Although the agreement was successfully passed in both the House and Senate and praised by many on the left for achieving important compromises, both were viewed negatively by Democrats and Republicans.
Several Democrats raised the alarm about a provision in the bill that allowed the fast-tracking of a new pipeline. At the same time, many Republicans were unimpressed at how little their demands were included.
Bannon, the former head of Breitbart News and a political strategist for Trump’s first presidential campaign, is among the conservatives denouncing the bill.
In his recent War Room podcast, Bannon urged viewers to “close their checkbooks” and stop funding McCarthy and the Republican National Committee (RNC) over how they handled the debt ceiling debate.
“Don’t give money to McCarthy. Don’t give money to the RNC,” Bannon declared, saying that shouldn’t be the case when the party was getting weaker.
In addition to raising the debt ceiling by $31.5 trillion over the next two years, the deal includes a cap on federal spending in 2024 and 2025, a reduction in funding for the Internal Revenue Service (IRS), and increased work requirements for certain food aid programs, although to a much lesser degree than many Republicans wanted.
The deal raises the debt ceiling until January 2025, which many on the left hailed as a victory for Biden because it prevents a new debt ceiling next year when the 2024 Presidential election will heat up.