High Stakes for Kevin McCarthy

“Five months after he grabbed the gavel, this week marks the start of a defining challenge of Speaker Kevin McCarthy’s two decades in elected office: whether he can strike a deal with President Joe Biden that averts an unprecedented debt default and quells the hard-right conservatives ready to revolt against him,” NBC News reports.

“Failing to raise the debt limit in the next three weeks could be catastrophic for the U.S. economy, but neglecting to secure the spending cuts his right flank pushed for could spell doom for McCarthy’s career.”