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Kevin McCarthy Crippled the Debt Ceiling Until 2026! ft. Peter St Onge
Did Kevin McCarthy's debt ceiling deal betray voters? The House of Representatives passed the deal, with more Democrat votes than GOP votes, fueling speculation that Democrats drafted it. Despite a standing ovation from some Republicans, Peter argues that the deal favors Democrat voters while ignoring Republican and independent preferences for spending cuts. McCarthy's deal not only adds $4 trillion to the debt but also suspends the debt ceiling until 2026, conveniently bypassing the 2024 election and placing the next ceiling hike in the lame-duck session.
Peter St Onge from @Profstonge has granted us permission to upload this video for our audience.
Peter's Twitter: https://twitter.com/profstonge?s=20
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► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.
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