Speaker Kevin McCarthy introduces House GOP bill to raise debt ceiling | full video

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House Speaker Kevin McCarthy unveiled a bill to raise the debt ceiling while cutting government spending on Wednesday. McCarthy said the Limit, Save, Grow Act "will responsibly lift the debt ceiling into next year and LIMIT federal spending."

#news #kevinmccarthy #politics

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The national debt would be lower if the GOP would repeal the big tax cuts they gave rich folks and corporations.

bigtex
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What a buffoon. Unemployment at a record low and he says what!!

davidlarson
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Quick, someone go tell them the people who maxed out the credit card is them.

worldgate
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Kevin stop lying you still don't have a budget plan at all.

michaelhyder
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Quit giving the rich so many
Tax breaks

mrldjohnston
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If you gave your child a cc and they kept maxing it out. You don't tell the cc company that your no longer going to pay for what was already purchased

macdub
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The question is, if your child spent up to the limit, would you then pay the bill? He seems to pass right over that.

gallopwave
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McCarthy lie's out of his clown pants everytime 🍑🦊🐔✔️🎪

lisafoy
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They should also increase the verification of people collecting SSI and SSDI to every three months. People who don't need disability are claiming it. People who really need are being told to wait while they have a life threatening disability. Disability reform now!

virgoblue
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If you look at the history of debt increases on a graph, there is a sudden jump up when Trump's tax cuts reducing corporate taxes in 1/2 from 28 to 14% & reducing taxes for the top 5% earners. So why not start by eliminating those tax cuts? I'm sure that would be more than enough to fix the problem.

parrsnipps
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There is no debt ceiling.
They just keep raising it.

hkschubert
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Merriam Webster defines slavery as "the state of a person who is held in forced servitude", or "a situation or practice in which people are entrapped (as by debt) and exploited". Kevin McCarthy is planning to bring back slavery.

do_not_want_to
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Democrats aren't wasting time, they're patiently waiting for a good faith effort from Congress (GOP controlled).

ThePeedz
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How is this suppose to help people on Disability?

LauraW
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PLEASE. This is a joke. Who's homework is he reading.

markbishop
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What a great performance! We know that you will raise the ceiling for, in this consumption economy, to not raise the ceiling means no economy. Bravo. Been seeing this all of my life. Time for you to dance for the kids now.

JohnWilliamsMCC
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Question: would you give your child (Trump) a credit card for more spending with higher $2 trillion debt? Answer: YES. Caviat: But only with lower interest awarded to the Child (Corporate tax cut) for spending more than ever before...

RN_BSN_PHN
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McCarthy isn't even sure that the Republicans will pass this bill. Talking about making cuts is easy.

higgs
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They "the republican party" are the kids who irresponsibly maxed out the limit!

lenagreen
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Limit military expenses including international military training and exercises that is unnecessary and has nothing to do for the best interests of all American TAXPAYERS. Do not include America to war of others unless it is to protect American people and it's Interests. Bring home all the troops that are in other countries that not necessarily in benefit for the Americans. If America is attack or other countries ask for help, that's when America may help other countries but not to have a base or military exercises. America if wants to help other countries, provide them their tools to protect their own sovereignty but not to make them be American dependent country. Leave countries which if our troops stay can only provoking or increasing tensions of war. Stop spending. A lot of American needs help as we are on the highest record on inflation and higher interest rates and a lot dying homeless. We don't need to put bases on other countries. Other country don't put other bases on others. Imagine if we have bases here of others, does America would allow it? No...right? isn't what America is doing is violating others sovereignty even if that country allow it? Stop spending on military exercises and sending thousands and thousands of troops in Asia to a problem that are not ours.

starpowers