“We now estimate that Treasury will have insufficient resources to satisfy the government’s obligations if Congress has not raised or suspended the debt limit by June 5”

Speaker Kevin McCarthy Touts Wins Conservatives Secured In Tentative Debt Ceiling Agreement

By News on the Net -- The Daily Wire——Bio and Archives--May 30, 2023

House Speaker Kevin McCarthy (R-CA) touted victories that conservatives secured over the weekend as lawmakers reached a last-minute agreement to avoid the U.S. defaulting on its debt.

McCarthy told Shannon Bream on Fox News’ “Fox News Sunday” that most Republicans were excited by the agreement because lawmakers were able to cut spending for the first time in a long time. ---More...

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