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 Collision on Markham Woods Road: Seminole County Authorities Launch Investigation

SEMINOLE COUNTY, Fla. – Authorities are currently investigating a tragic accident that…

Tennessee Highway Patrol Shares Insights from New Year’s Eve, Plans Ahead for 2026

As the celebrations of New Year’s Eve have concluded, the Tennessee Highway…

Tragic Swiss Ski Resort Bar Fire Claims 40 Lives: A Heartbreaking Incident in Alpine Paradise

CRANS-MONTANA – For Axel Clavier, the Swiss Alpine bar, once filled with…

Zohran Mamdani Makes History: Sworn in as NYC Mayor at Iconic Subway Station

NEW YORK – In a historic moment for New York City, Zohran…

Upcoming Legislation in Tennessee and Virginia Set to Take Effect in 2026

In TRI-CITIES, Tenn./Va. (WJHL), a host of new legislation ratified by the…

Tennessee Receives Over $200 Million Boost for Rural Healthcare Improvements

In a significant move to enhance healthcare access in rural regions, new…

New Year Kicks Off with Soaking Rose Parade in California and Snow Squalls Sweeping Across Midwest and Northeast

For the first time in two decades, rain drenched the legendary Rose…

Shocking: Family’s Narrow Escape as Stray Bullet Strikes Bedroom in Volusia

VOLUSIA COUNTY, Fla. – On New Year’s Eve, a family experienced a…

Trump Postpones Tariff Hike on Furniture and Cabinet Imports, Easing Industry Concerns for 2024

President Donald Trump speaks at a New Year’s Eve celebration at his…

Trump Debunks Health Rumors: Reveals Exclusive Insights on Recent Medical Screening and Energy Levels

WASHINGTON – In a recent interview with The Wall Street Journal, President…

Tiebreakers Hosts Exciting “Noon-Year Eve” Celebration for Kids

As the excitement for the New Year builds, families in Johnson City…

Florida to Implement SNAP Food Restrictions Starting 2026

Florida is setting a precedent by introducing new restrictions on the Supplemental…