McCarthy Says Debt Deal Will Require Spending Cuts

U.S. House Speaker Kevin McCarthy said Wednesday that the White House must agree to spending cuts as part of a debt deal. "You have to spend less than you did last year," McCarthy said at a news conference. "That's not that difficult to do, but in Washington, somehow, that is a problem." McCarthy said he was hopeful negotiators would make progress although he described the two sides as "far apart." Support this podcast: https://podcasters.spotify.com/pod/show/america-in-focus/support Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.