Home Headlines McCarthy’s moment: Debt ceiling win secures GOP U.S. House speaker’s standing, Video...

McCarthy’s moment: Debt ceiling win secures GOP U.S. House speaker’s standing, Video report

Republican Representative Dusty Johnson, a McCarthy ally who helped craft the Republican debt-ceiling legislation that buttressed the speaker in negotiations, said the vote proved wrong Democratic predications that the 58-year-old Californian would have little chance of holding his caucus together.

Pastor Dewey Moede

June 1, 2023

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WASHINGTON (Reuters) – Kevin McCarthy earned his stripes as Republican speaker of the U.S. House of Representatives on Wednesday, navigating fierce hardline opposition to pass a debt ceiling bill containing federal spending limits that President Joe Biden for months vowed to resist. More Here

Treasury yields climb after debt ceiling bill clears House, progresses to Senate

U.S. Debt Clock