"McCarthy Takes on Debt Ceiling Talks at NYSE Speech"

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Source: Financial Times
TL;DR Summary

Kevin McCarthy, the top Republican in the US Congress, gave a speech at the New York Stock Exchange in which he called for a "responsible" approach to government spending and sought to gain an upper hand in the upcoming debt ceiling talks. McCarthy criticized Democrats for their proposed spending plans and urged them to work with Republicans to avoid a government shutdown. The debt ceiling, which limits the amount of money the US government can borrow, is set to expire on October 18.

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