With $US33 trillion in debt and rising bond yields, it was the US government’s fiscal position that ultimately undid speaker Kevin McCarthy.
| As with so many failed domestic relationships, debt and spending has been the cause of the chaos engulfing Republicans in the US Congress too.ousted on Tuesday
Republican representative Matt Gaetz speaks to the media outside the US Capitol in Washington.Many of his colleagues would say he has personal vendettas and is addicted to the publicity. But while Republican politicians may have softened on their approach to spending and debt, their constituents have not.voters who saw taxes and government spending as a “very important” issue, were almost twice as likely to be Republican voters than Democrats – 76 per cent to 42 per cent respectively.
Even after McCarthy struck a deal to leave out further funding for the war in Ukraine just to ensure the government could avoid a shutdown, Gaetz wanted more.
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