McCarthy Debuts Spending Cuts — But May Lack Votes To Pass Them

House Speaker Kevin McCarthy said he would agree to raise federal government's borrowing limit in exchange for cuts to discretionary, non-defense spending and other changes to federal safety net programs — though he likely does not have enough support from his own party to actually pass the plan through his chamber. The U.S. must raise its borrowing limit by early summer in order to avoid destabilizing the global economic system. This episode: White House correspondent Tamara Keith, political correspondent Susan Davis, and congressional correspondent Deirdre Walsh. The podcast is produced by Elena Moore and Casey Morell. It is edited by Eric McDaniel. Our executive producer is Muthoni Muturi. Unlock access to this and other bonus content by supporting The NPR Politics Podcast+. Sign up via Apple Podcasts or at plus.npr.org. See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy