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mccarthy spoke. in front of the same individuals about where the debt talks are going. let s just say nowhere. connell mcshane has more. the speaker made reference from that appearance from ronald reagan. he said we have an unsustainable level of debt in this country and he will not support raising the debt ceiling unless something is done about it. spoker mccarthy made a speech to a number of professional financialists in new york. he said there will be a bill that will raise the debt for one year. in exchange for raising it, the speaker has demands. he said federal spending will be rolled back to 22 levels. unused covid money clawed back and he wants americans to work in order to receive federal benefits. mccarthy in his speech going after president biden for refusing to negotiate. make no mistake, the longer president biden waits to be sensible to find an agreement, the more likely it becomes that this administration will bumble in to the first default in our nation s

Holistic viewThe storyNeil cavutoPresident reaganKevin mccarthyU sGoes onMonday april 17New york stock exchange1 8 trillion31 trillionDebt talksConnell mcshaneDebt ceilingSpoker mccarthyNew york