His speech opens the next phase of the fight over the debt ceiling.US House Speaker Kevin McCarthy arrives on Wall Street to deliver a speech on the econony at the New York Stock Exchange in New York on April 17, 2023. House Speaker Kevin McCarthy will make his case that failing to strike a deal and lift the debt ceiling could upend global markets from the most high-profile market of all: The New York Stock Exchange.
President Joe Biden has not budged in three months on his refusal to negotiate over the debt limit, and has so far dismissed Republican efforts to tie a debt ceiling vote to a simultaneous deal on budget negotiations. In a statement Monday morning in advance of McCarthy's speech, White House spokesman Andrew Bates accused the California Republican of "holding the full faith and credit of the United States hostage, threatening our economy and hardworking Americans' retirement."
NYSE Weird speech impairment. He says he wants to curb future spending to curb inflation. Yet he says 'curve' in both instances.
NYSE An we just ask the same tough questions from the other side to expose these folks, I have had the same experience when listening to wh aides and cnbc is much softer on them
NYSE What a scum.
NYSE I will gladly pay you next wk. for a cheeseburger today...
NYSE What have the house republicans achieved in 100 days? What is their core competence? Convictions? What can they be trusted with? They are a caucus mentally, morally, and politically bankrupted by Trump. A bunch of zombies buzzing around the same buzzwords.
NYSE Still trying to sell their trickle down economics. Republicans cut taxes every chance they get and the rich just get richer. How about we pay the bills we already have and tax the wealthy the way we once did. Instead, Republicans want to slash SNAP benefits etc. Such BS.
NYSE “A couple of weeks” is republican slang for “good luck you ain’t getting one” 🤣 we’re still waiting on their alternative for ObamaCare realDonaldTrump said they’d have it in 2 weeks like 4 years ago 🤣🤣
NYSE the dem operatives on the set with him were quite uncomfortable
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NYSE So still no actual plan from this guy?
NYSE SpeakerMcCarthy RepMattGaetz Don't raise the debt ceiling one cent NoMoreDebt
NYSE Blah blah blah...word salad indeed!
NYSE Why did weak cnbc SaraEisen not push back on McCarthy's dumb debt rhetoric. • Biden increased $4Bn or +15% (not $6Bn) to support people during Covid inflation • Trump increased $8Bn or +40% to enrich the rich Feels politically motivated w its recession obsession?
NYSE Sounds like a Terrorist holding America hostage.
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NYSE Is the owner of CNBC Amroman or Amroscandinavian?
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NYSE Had to turn to another business feed during this segment vomit
NYSE I would LOVE to see McCarthy's plan...I would LOVE to actually see the numbers
NYSE He is totally a disgrace too just like Greene!!! Between him, Greene and Trump together, we're in trouble for sure!!!!
NYSE The compromised PuppetSpeaker enters the belly of the beast… nothing good coming out of this for the middle class
NYSE i just heard the 1st cnbc host ever asked a really legit question! lmao! smfh! basically pointing out the fact that house speaker mccarthy is a hypocrite!!! lol.
NYSE Hmm
Lets listen to the party that has blown up the economy and Wall Street every time they are in power.
SpeakerMcCarthy says with a straight face 'I'll always do what's best for America'. Just goes to show how easily lying comes to him.
Biden wants to govern like he has a super majority. Where is the unifier and chief? News flash, the house flipped Republican at midterm. Negotiate for the sake of Americans.
Why didn’t you show his speech on Squawk on the Street?
As if Wall Street won't tell him to pound sand.
They will all go into panic mode when they don't reach an agreement on the debt & they have had plenty of time, then comes the blame game. Then comes the heroes who agree on a plan. All political bullshit from both sides. They can pass a bill on perversion in seconds..
President Obama is the G.O.A.T.
it will be a long process
No such thing as a debt ceiling. Prove this statement false.
Radon levels in your home 📊
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