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McCarthy unveils GOP debt ceiling proposal with massive spending cuts

Name: McCarthy unveils GOP debt ceiling proposal with massive spending cuts
Uploaded: 2023-04-20T12:05:39-0400
Duration: 5 min 6 s
Description: House Speaker Kevin McCarthy has released a plan to raise the debt ceiling by $1.5 trillion. The bill includes $4.5 trillion in spending cuts. CBS News congressional correspondent Scott MacFarlane spoke to House members about the plan.

House Speaker Kevin McCarthy has released a plan to raise the debt ceiling by $1.5 trillion. The bill includes $4.5 trillion in spending cuts. CBS News congressional correspondent Scott MacFarlane spoke to House members about the plan.