McCarthy's Debt Bill Puts Speaker to the Test

1 min read
Source: The Associated Press
McCarthy's Debt Bill Puts Speaker to the Test
Photo: The Associated Press
TL;DR Summary

Speaker Kevin McCarthy faces a crucial week as he tries to pass a partisan package that would raise the nation's debt limit by $1.5 trillion in exchange for steep cuts that some in his own party oppose. McCarthy has almost no room for error with his slim five-seat majority hold on power in the House. Even if McCarthy can muscle the measure to passage this week, it has almost no chance of becoming law. Biden and his top congressional allies say they are unwilling to negotiate over the debt ceiling.

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