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Debt ceiling plan unveiled by House Speaker Kevin McCarthy proposes massive spending cuts

Name: Debt ceiling plan unveiled by House Speaker Kevin McCarthy proposes massive spending cuts
Uploaded: 2023-04-20T09:04:38-0400
Duration: 7 min 5 s
Description: House Speaker Kevin McCarthy unveiled on Wednesday the Republican plan to raise the nation's debt ceiling by $1.5 trillion, but it's tied to massive federal spending cuts. CBS News congressional correspondent Nikole Killion joined Anne-Marie Green to discuss the GOP proposal.

House Speaker Kevin McCarthy unveiled on Wednesday the Republican plan to raise the nation's debt ceiling by $1.5 trillion, but it's tied to massive federal spending cuts. CBS News congressional correspondent Nikole Killion joined Anne-Marie Green to discuss the GOP proposal.