The House speaker addressed the nation speaking about the debt ceiling as Congress prepares to raise the nation's debt limit to avoid economic havoc.
U.S. House Speaker Kevin McCarthy addressed the nation Monday to talk about the national government's debt ceiling ahead of President Joe Biden's anticipated State of the Union address on Tuesday.
After a meeting last week with President Biden, House Speaker McCarthy said, “I believe you have to lift the debt ceiling, but you do not lift the debt ceiling without changing your behavior. So it’s got to be both.” "Now, President Biden wants Congress to raise the debt limit yet again, without a single sensible change to how government spends your hard earned money." McCarthy said in the Monday speech.
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