Kevin McCarthy: Failed Democrat Policies Led to Recession, 'Pelosi Pay Cut'

Kevin McCarthy: Failed Democrat Policies Led to Recession, 'Pelosi Pay Cut'


House Republican Leader Kevin McCarthy (R-CA) said on Thursday that Democrats’ failed policies have led to a recession and a loss in wages, in what he called the Nancy “Pelosi Pay Cut.”

The federal government reported that Gross Domestic Product (GDP) shrank by 0.9 percent in the second quarter of 2022, signaling that the economy is entering a recession.

As Breitbart News Economics Editor John Carney noted, the “decrease in GDP reflected decreases in private inventory investment, residential fixed investment, federal government spending, state and local government spending, and nonresidential fixed investment.”

McCarthy took to the House floor to explain how the Democrats’ one-party rule in Congress and the White House led to them passing failed policies that in turn led to substantial

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