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…

Read the Full Article