HOUSE SPEAKER KEVIN MCCARTHY (R-CA) SAYS HE DOESN’T PLAN TO RAISE THE DEBT CEILING, BELIEVES CONGRESS WILL AGREE TO A SPENDING CAP
SPEAKER MCCARTHY: Let’s take a moment and realize why did we get here? I mean, if you look just in the last four years that Democrats were in the majority, they increased discretionary spending by 30% when Republicans were in majority for the eight years prior. They didn’t increase it by $1. So that’s $400 billion a year. We spend more. In the last two years, they have taken us from spending 4 trillion to 7 trillion. For the White House to say they won’t even look at it, that they can’t find one penny out of a dollar of eliminating waste. I think they’re just trying to put us into bankruptcy. What I am saying, and it’s my conversation with the president on our first conversation, let’s sit down together. Let’s look at the places that we can change our behavior. The first thing I would say is, why don’t you make the House and Senate both produce a…
