House Speaker Kevin McCarthy addressed the nation to rally public support for a “responsible” increase in the nation’s debt ceiling while cutting federal spending.
McCarthy described the national debt as the greatest threat to the country’s future, eclipsing inflation, illegal immigration, and China’s “infiltration” of our culture in his 10-minute speech aired live on Feb. 6.
At the same time, McCarthy assured Americans that there would be no default on the nation’s financial obligations and no threat to Social Security or Medicare.
He then made a case for attacking what he called runaway federal spending through spending cuts and called President Joe Biden to join in the effort….