McCarthy walks debt ceiling tightrope in first major test of speakership

By Cami Mondeaux

Published February 24, 2023 10:40am ET

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McCarthy walks debt ceiling tightrope in first major test of speakership — Speaker of the House Kevin McCarthy leaves the House Chamber after President Joe Biden's State of the Union address to a joint session of Congress at the Capitol, Tuesday, Feb. 7, 2023, in Washington.

Kevin McCarthy (R-CA) folded to several demands from his right flank to be elected House speaker — and now, those concessions could come back to haunt him as he attempts to negotiate with the White House on a solution to the looming debt ceiling crisis.

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