speaker kevin mccarthy has yet to issue a budget for the next fiscal year. but did manage to cobble together one frankenstein monster of a debt ceilin proposal this week mccarthy presented a sweeping 320-page bill tha would pair 4.5 trillion dollar in spending cuts with a 1. trillion-dollar increase in th federal dilemma that would kee the bill collectors at bay until march 24th, just in time for the campaign season to hea up the white house says thi spending cuts wish list tied t the debt ceiling is nonstarter meanwhile, golden sach economists are saying that the united states could crash th limit on borrowing for thing already purchase as early as the first week and june. mccarthy has a more immediat problem. the speaker doesn t have the votes just yet to pass his plan that snot good for a perso who only holds a four seat majority but took 15 ballots t win the gavel. still, he insists that congres won t allow the u.s. t default. sure, jan. joining me now, director shalan
is just not the right step forward to have all of thi economic progress that i jus talked about correct me if i am wrong, the last time you were here wa just after the administratio released its budget. for fy 2024, fiscal year 2024, that was february, right we released it march 9th, and you and i talked about it, i think, yeah, a little before that so it has been a month and half have you even seen a smoke signal from the house abou when it might reveal its own budget for the next fiscal year? we ve certainly heard fro various members, including the speaker, that we were going to see a budget in the house. has that happened? we have not seen it. we would love to see it, because, guess what, while thi plan shows us what we value, and we disagree vehemently tha we should be cutting veteran medical care, for example. what it doesn t tell you is th next day, what is another part