Earlier in the week, Speaker of the House Kevin McCarthy gave an evening address about the urgency of raising the debt ceiling and cutting federal spending. Technically, the government has already taken on the amount of debt it’s allowed to carry. The Treasury Department is employing “extraordinary measures” to shuffle money around to service the national debt and make government payrolls.
Continued Article: https://thespectator.com/topic/the-debt-ceiling-hot-potato-mccarthy-biden/