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Tags: Biden Administration | Fox News | National Debt | kevin mccarthy | debt ceiling | yellen

Kevin McCarthy: Dems Don't Want to Pay Off Debt, Only Want to Spend More

Kevin McCarthy: Dems Don't Want to Pay Off Debt, Only Want to Spend More
House Minority Leader Kevin McCarthy R-Calif., speaks during a news conference in 2019. (AP Photo/Jose Luis Magana)

By    |   Sunday, 10 October 2021 02:15 PM

House Minority Leader Rep. Kevin McCarthy, R-Calif., on Sunday accused Democrats of not wanting to pay off the nation’s debt, charging the Biden administration is putting American on the “wrong path.”

In an interview on Fox News’ “Sunday Morning Futures,” McCarthy said the debt ceiling issue highlighted the Democrats’ refusal to be fiscally responsible.

“Instead of finding a way to pay the credit card off, all they think that we should do is not limit how much we can spend,” McCarthy charged. “That is what has put us in this problem. That is what has increased inflation that we haven't seen in decades."

He added, “That's why we have one of the worst jobless numbers that we've had in quite some time. This Biden plan is putting America on the wrong path."

According to McCarthy, lawmakers "have to come back into session to vote on the debt ceiling and to increase the amounts, but this will not give the Democrats enough money to go for that $5 trillion bill.”

He added that what Democrats really want to do is to "transform America to look like a European big government socialist government."

McCarthy particularly took aim at the proposal to “spy” on individuals’ bank accounts — a plan giving the IRS more power to track such ban accounts.

“You have more than $600 in your bank account, the government will now know what you do, whether you go to Disneyland, how you spend your money,” he said. “Secretary of Treasury Janet Yellen supports that, and the Democrats support that. Why? Because they want to vote for 85,000 new IRS agents to spy on what you are doing instead of protecting the border.”

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Politics
House Minority Leader Rep. Kevin McCarthy, R-Calif., on Sunday accused Democrats of not wanting to pay off the nation's debt, charging the Biden administration is putting American on the "wrong path."...
kevin mccarthy, debt ceiling, yellen
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2021-15-10
Sunday, 10 October 2021 02:15 PM
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