Bipartisan panel should tackle national debt: Kevin McCarthy
Share this @internewscast.com


() Former U.S. House Speaker Kevin McCarthy suggests lawmakers could more easily make tough decisions on federal budget cuts if a bipartisan committee with an equal number of Democrats and Republicans worked the problem.

Government spending cuts and tax policy are at the heart of the “One Big Beautiful Bill Act” that President Trump wants the GOP-controlled Congress to send him. The Congressional Budget Office estimates the measure as currently drafted would add trillions to the deficit, and now some Republicans are having second thoughts.

McCarthy joined “CUOMO” on Wednesday and said Congress could make greater headway on reducing the national debt if there were a select committee, like the evenly balanced panel he set up to study China.

The California Republican also referenced the commission known as “BRAC” that previously recommended U.S. military base closures on an up-or-down basis, meaning lawmakers couldn’t tinker with the list.

“Structure dictates behavior. So, if we change the structure on some of these problems, the behavior would be different,” McCarthy said.

Share this @internewscast.com
You May Also Like

House Races Against Time to Resolve Partial Government Shutdown This Week

The House of Representatives is moving swiftly this week to resolve the…

Brights Zoo’s Cold-Weather Animals Thrill in Snowy Conditions

As a winter wonderland descended upon the Tri-Cities, Brights Zoo became a…

Unforgettable Grammy Highlights: Mars Shines, Carpenter Takes Flight, and Bieber Stuns with Bold Style Choices

When the dust settled, only one person remained seated, visibly astonished and…

Experience Winter Wonderland: Top Sledding Spots for Family Fun in Johnson City

In Johnson City, Tennessee, the frigid Sunday weather didn’t deter locals from…

RNC Dominates Fundraising: A Major Advantage Over Democrats in Midterm Elections

WASHINGTON – Heading into the midterm elections, the Republican National Committee (RNC)…

TEMA Confirms Weather-Related Fatality in Greene County

In Greeneville, Tennessee, a tragic weather-related incident has been confirmed by the…

Empowering Futures: Historic Black Fraternity Introduces Speed Mentoring to Close Opportunity Gap for Young Men

ORLANDO, Fla. – A pioneering mentorship initiative is being launched by a…

Global Markets Tumble: US Futures and Asian Shares Decline as Wall Street Falters and Oil Prices Plunge Over $2

Monday saw a sharp decline in U.S. futures and Asian shares, accompanied…

Greenland’s Diplomatic Triumph: Navigating US Challenges to Secure Promising Future

In a notable shift from recent tensions, U.S. and European leaders are…

Kennedy Center Faces Two-Year Closure for Renovations Starting July Amidst Performers’ Criticism, Announces Trump

WASHINGTON – President Donald Trump revealed plans to shutter the Kennedy Center,…

Surprising Sunday Closures: Discover Which Tri-Cities Churches Are Taking a Pause This February

JOHNSON CITY, Tenn. (WJHL) — A number of local churches have opted…

Remembering Demond Wilson: Beloved ‘Sanford and Son’ Star Passes Away at 79

Demond Wilson, the beloved actor who rose to fame in the 1970s…