Here's what House Speaker McCarthy's chaotic election means for the economy and debt ceiling
Javier Ghersi/Getty Images(NEW YORK) -- House Speaker Kevin McCarthy, R-Calif., emerged with gavel in hand on Saturday after fierce Republican negotiations, but the concessions he made in the process have heightened concern over a potential economic crisis later this year. The empowerment of far-right House members in recent days has raised the risk of contentious, high-stakes negotiations over how the federal government should pay for past debts and allocate future spending, economists and budg...
Source: mycentraloregon.com