Kevin McCarthy’s Debt Ceiling Dilemma
Podcast: The DailyPublished On: Mon May 01 2023
Description: Last week, Speaker Kevin McCarthy persuaded Republicans to narrowly pass a bill to raise the U.S. debt ceiling, setting up high-stakes negotiations with the Biden administration.Catie Edmondson, who covers Congress for The New York Times, explains the risks this might pose to his job and the country’s economy.Catie Edmondson, a congressional correspondent for The New York Times.Background reading: House Republicans have narrowly passed a bill to raise the debt ceiling while cutting spending by nearly 14 percent over a decade.Here’s a look at what is in the bill.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.
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