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McCarthy’s Speaker Proposal Tees Up $75 Billion Defense Cut

Roxana TironBy No Comments1 Min Read

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Representative Kevin McCarthy, a Republican from California, before a meeting of the 118th Congress in the House Chamber at the US Capitol in Washington, DC, US, on Friday, Jan. 6, 2023. The emerging deal McCarthy is discussing to make him speaker of the House would propose a roughly $75 billion cut in defense spending at a time when the US is intent on backing Ukraine against the Russian invasion and grows more wary of China's stepped up aggression toward Taiwan.

Consultant Kevin McCarthy, a Republican from California, earlier than a gathering of the 118th Congress within the Home Chamber on the US Capitol in Washington, DC, US, on Friday, Jan. 6, 2023. The rising deal McCarthy is discussing to make him speaker of the Home would suggest a roughly $75 billion reduce in protection spending at a time when the US is intent on backing Ukraine in opposition to the Russian invasion and grows extra cautious of China’s stepped up aggression towards Taiwan.



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