GOP's McCarthy proposes debt commission, faces Democratic skepticism.
House Speaker Kevin McCarthy is considering the appointment of lawmakers and business leaders to establish a new fiscal commission to tackle the nation's growing debt. However, many Democrats are wary of the idea, and the commission's clout would be diminished without Senate participation and White House buy-in. The commission's findings could also come during a presidential election year, making it an unfavorable political climate for a proposal that is likely to ask for some sacrifice from the voting public.