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
of the agenda. what is the tax policy agenda. do we spend all the cuts t middle class families on tax giveaways to the wealthy that is what you lose by not putting on a budget, and it is vague on purpose office of management an budget director, shalanda young, thank you very much for coming on to the sunday show. thank you, jonathan and joining me now, congressma brandon boyle, ranking democratic member of the house budget committee and member of the house ways and means committee. congressman boyle, welcome back, to the sunday show great to be back with you the white house has calle speaker mccarthy s that debt ceiling plan a quote, deb ransom note. while the republicans cannot agree on their bill. is a debt ceiling cras inevitable no, i wouldn t say that i is inevitable, fortunately i mean, after all, raising the debt ceiling is something that