House Speaker Johnson Defends Debt Limit Bill Amid Republican Criticisms

House Speaker Mike Johnson defended the recently passed bill raising the debt ceiling, arguing it won’t lead to increased government spending despite criticisms from fellow Republicans. Speaking on Fox News, Johnson responded to Sen. Rand Paul’s (R-KY) concerns about the bill’s impact on national debt and expressed confidence in the measure’s significance for financial stability. He stated that the move is intended to reassure creditors and prevent a potential market crisis. While acknowledging that further cuts are necessary, Johnson emphasized this is a crucial step towards fiscal responsibility.