Kevin McCarthy's Budget Comments Push US Toward Default

The White House is using a comment made by House Speaker Kevin McCarthy in January to criticize him for the lack of a House GOP budget proposal, in the latest round of messaging war between McCarthy and President Biden over the budget and debt ceiling negotiations. The lack of a GOP budget outline has left ideological caucuses within the House Republican Conference trying to shape negotiations with the White House. Biden has called for Republicans to release a budget proposal before the House breaks for a two-week recess on Thursday.