WASHINGTON — Speaker Kevin McCarthy of California has repeatedly mentioned that he and his fellow Home Republicans are refusing to lift the nation’s borrowing restrict, and risking financial disaster, to power a looking on America’s $31 trillion nationwide debt.
“With out exaggeration, America’s debt is a ticking time bomb that can detonate until we take severe, accountable motion,” he mentioned this week.
However the invoice Mr. McCarthy launched on Wednesday would solely modestly change the…
