Market
Will Kevin McCarthy regain the Speakership by the end of 2025?
4
Donald Trump•Kevin McCarthy•Trump•McCarthy•Biden Administration•Republican•Matt Gaetz•Biden•House Republicans
Resolution / Starting Odds
Yes • 50%
No • 50%
Official records from the US Congress or major news outlets reporting on the Speaker of the House
Story
Trump Criticizes McCarthy for Delaying Debt Ceiling Fight, Calls Decision 'Dumbest' in Years; Advocates $2.5T Cuts and Vote
Dec 29, 2024, 10:35 PM
Former President Donald Trump criticized ex-Speaker of the House Kevin McCarthy for delaying the debt ceiling fight, stating that this decision will be remembered as one of the dumbest political choices made in years. Trump specifically mentioned that McCarthy's actions pushed the debt ceiling issue from the Biden Administration into his own term. Trump's comments were echoed by Republican figures, including Matt Gaetz, who noted that this misstep contributed to McCarthy's loss of the speakership. Additionally, Trump called for a vote on raising the debt limit before President Biden leaves office, as House Republicans had reportedly reached an internal agreement before Christmas to raise the limit in a reconciliation bill paired with $2.5 trillion in cuts, which is expected to take place after Trump assumes office again.
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