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Debt Ceiling Dilemma: Chairman Patrick McHenry (R-NC)

Debt Ceiling Dilemma: Chairman Patrick McHenry (R-NC)

There's a debate roiling Washington right now over how much the federal government should be allowed to borrow to pay its bills. Chairman of the House Financial Services Committee Patrick McHenry is at the center of that often heated discussion. The right flank of his party wants spending cuts in exchange for raising the borrowing limit while the Biden White House insists it should be raised without concessions. Plus, what happened in the final hours of the speakership fight? And who did McHenry call a "world class sociopath?" We're at Ted's Bulletin on Capitol Hill. Join us!

The Takeout with Major Garrett

January 20, 202350m 3s

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Show Notes

There's a debate roiling Washington right now over how much the federal government should be allowed to borrow to pay its bills. Chairman of the House Financial Services Committee Patrick McHenry is at the center of that often heated discussion. The right flank of his party wants spending cuts in exchange for raising the borrowing limit while the Biden White House insists it should be raised without concessions. Plus, what happened in the final hours of the speakership fight? And who did McHenry call a "world class sociopath?" We're at Ted's Bulletin on Capitol Hill. Join us!

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