Economy

McCarthy blasts Democrats as redefining recession instead of dealing with it

By Virginia Aabram
Published July 28, 2022 4:02pm ET
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McCarthy blasts Democrats as redefining recession instead of dealing with it
House Minority Leader Kevin McCarthy of Calif., speaks during a news conference on Capitol Hill in Washington, Friday, Oct. 18, 2019.

House Minority Leader Kevin McCarthy (R-CA) criticized Democrats on Thursday, saying the party led the United States into a recession after the latest GDP analysis showed the economy shrank for the second consecutive quarter.

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Democratic Party House of Representatives Inflation Joe Biden Kevin McCarthy