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High Stakes for Kevin McCarthy

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“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.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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