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TOPIC: The fallout and implications of the McCarthy-Biden debt deal.
MONEYLINE:
"Kevin McCarthy took that House passed bill, the Limit Save Grow Act, and basically threw it in the trash."
Key Takeaways:
During the debt-limit "fight," the Limit Save Grow Act was disregarded, signaling a deviation from his agreed-upon strategies with the 20 members that initially opposed him in January.
McCarthy chose a different negotiation path with Biden on the debt limit deal, sparking internal unrest within the Republican conference.
The debt deal was seen as a violation of previous agreements and a betrayal, but House Republicans gave him a second chance.
Trust within the party was significantly eroded due to these actions, as the caucus felt sidelined and disregarded during the negotiation process.
Kevin McCarthy's second chance lasted only until he violated the deal again with passing the continuing resolution to fund the government after the September 30 deadline.
RESOURCES: