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

Unveiling the 2026-27 Orlando Broadway Lineup: ‘The Great Gatsby’ & ‘Hamilton’ Take Center Stage at Dr. Phillips Center

ORLANDO, Fla. – The Dr. Phillips Center for the Performing Arts has…

Elizabethton High School on Alert: Loan Fraud Investigation Sparks Campus Lockdown

In a recent development in Elizabethton, Tennessee, a significant loan fraud investigation…

FBI and St. Paul Police Launch Investigation into ICE Arrest Leading to Skull Fractures

MINNEAPOLIS – An alarming case involving a Mexican citizen allegedly assaulted by…

Delaware Man from Jill Biden’s Past to Enter Plea in Wife’s Death Case

WILMINGTON, Del. – In a case drawing both local and national attention,…

Kingsport Police Charge Juvenile in Connection with Recent Murder Case

KINGSPORT, Tenn. — The Kingsport Police Department has released the identity of…

Unveiling the Secrets: New Mexico’s Probe into Jeffrey Epstein’s Mysterious Ranch

SANTA FE, N.M. – New Mexico state legislators initiated an investigation on…

Florida House Proposes Renaming Palm Beach Airport to Honor Trump: What It Means for Travelers

In a notable development in Florida’s legislative landscape, lawmakers are moving forward…