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Johnson insists ‘big, beautiful bill’ will not lead to more US spending

  • House Speaker Mike Johnson defended the GOP-backed 'big, beautiful bill' raising the debt ceiling in a Fox News Sunday interview on May 25, 2025.
  • The bill's proposal to increase the debt ceiling by $4 to $5 trillion aims to prevent a government default but prompted opposition due to concerns about expanding national debt.
  • Kentucky Senator Rand Paul criticized the measure as insufficient in spending cuts and warned it would escalate the deficit and national debt dangerously.
  • Paul expressed that he cannot support increasing the debt limit by $5 trillion and described the proposed spending reductions as insufficient, highlighting the budget deficit as a serious national security concern.
  • While Johnson argued the debt ceiling increase shows seriousness to creditors and does not add new spending, Paul insisted Republicans must confront mounting debt, otherwise, 'The emperor has no clothes.
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CNBC broke the news in United States on Sunday, May 25, 2025.
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