McCarthy Says Debt Deal Will Require Spending Cuts

The Center Square YT

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May 26th, 2023

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U.S. House Speaker Kevin McCarthy said Wednesday that the White House must agree to spending cuts as part of a debt deal. "You have to spend less than you did last year," McCarthy said at a news conference. "That's not that difficult to do, but in Washington, somehow, that is a problem." McCarthy said he was hopeful negotiators would make progress although he described the two sides as "far apart."

The Center Square YT

The focus of The Center Square's work is state and local level government and economic reporting. A taxpayer sensibility distinguishes our work from other coverage of state and local issues. As a result of this approach, our audiences are better informed about the focus of state and local government and its cost to the citizens whose tax dollars fund governmental decisions.