One-hundred days after becoming House speaker, Rep. Kevin McCarthy (R-Calif.) announced he will hold a debt-ceiling vote that could serve as the sequel to his historic — and chaotic — quest for the gavel.
Why it matters: Unlike January's speaker election, in which GOP unity and McCarthy's personal ambitions were the main assets at stake, the House's vote "in the coming weeks" could determine whether the U.S. economy averts a catastrophic default.
