Matt Cartwright: “People at home who might be listening to this may be wondering: Why is it so important that Speaker McCarthy pay our…”

“People at home who might be listening to this may be wondering: Why is it so important that Speaker McCarthy pay our Nation's bills on time? Why does Speaker McCarthy need to do that? It is because of what can happen if he doesn't. It isn't just that seniors won't get their Social Security checks on time. It isn't just that veterans won't get their medical care at VA hospitals. It isn't just that Medicare and Medicaid bills won't get processed. It is that interest rates will immediately go up because interest rates reflect the risk of non-repayment. If we don't repay our national debt, then interest rates will go up on this country. We fall into a recession, and millions of jobs will go away. It is a horrible situation. Speaker McCarthy needs to pay our bills on time. This is a grotesque negotiation he has going on over at the White House even as we speak because whoever cares least about the well-being of America and America's standing in the world in that negotiation wins the negotiation. I say to Speaker McCarthy: Do your job. ____________________”