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

Tragic House Fire in Palm Bay Claims Lives of Young Boy and Elderly Woman

PALM BAY, Fla. – Tragedy struck early Monday morning in Palm Bay…

VSP Launches Investigation into Fatal Collision on I-81 in Washington County

On Monday morning, tragedy struck Interstate 81 in Washington County, Virginia, as…

China Warns Against US Strategic Moves in Greenland: Calls for Global Diplomacy Over Pretexts

NUUK – In a statement that has stirred international waters, China has…

Shocking Security Footage: Truck Crashes into Indian Trail Middle School – Watch the Video

JOHNSON CITY, Tenn. — Security video has surfaced capturing a dramatic crash…

AT&T Revolutionizes Johnson City Call Center with Innovative Remote Work Transition

JOHNSON CITY, Tenn. (WJHL) — In a strategic move, AT&T has announced…

US Postal Service to Issue Commemorative Stamp in Honor of Muhammad Ali

Muhammad Ali, the legendary boxer known for his quick wit, once humorously…

Trump Delays Military Response to Iran’s Protest Crackdown, Pursues Diplomatic Channels with Tehran

In a pivotal moment for U.S. foreign policy, President Donald Trump is…

Gray Hosts Saturday Morning Mobile Food Pantry to Aid Local Community

A non-profit organization based in Middle Tennessee, One Generation Away, is set…

Congress Members Seek Urgent Judicial Intervention Following Denial of Access to Minneapolis ICE Facility

WASHINGTON – In a move shrouded in secrecy, the Trump administration reinstated…

Shocking Incident: Handcuffed Woman in Marion County Discharges Hidden Weapon, Injuring Deputy

New details have emerged from Marion County, Florida, as surveillance footage captures…

Shocking New Footage Reveals Crucial Moments Leading Up to Fatal Shooting by Immigration Officer in Minneapolis

In a dramatic development in Minneapolis, a newly released video sheds light…

Arson Attack Strikes Heart of Jewish Community in Mississippi’s Capital: Jackson Synagogue Damaged

JACKSON, Miss. – In Mississippi’s capital, a small Jewish community has always…