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FILE - Speaker of the House Kevin McCarthy, R-Calif., talks to reporters after passing the GOP's sprawling energy package that would counter virtually all of President Joe Biden's agenda to address climate change, at the Capitol in Washington, Thursday, March 30, 2023. (AP Photo/J. Scott Applewhite, File)

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Speaker McCarthy vows to pass debt bill — with spending cap
April 17, 2023 3 a.m.

Speaker McCarthy vows to pass debt bill — with spending cap

House Speaker Kevin McCarthy pledged on Monday to pass legislation to raise the nation's debt ceiling — but on condition of capping future federal spending at 1%.