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Fortune
Fortune
Christiaan Hetzner

Why McCarthy’s ouster as Speaker could make everything less affordable for everyday Americans

House Republicans Matt Gaetz on the left and Kevin McCarthy. (Credit: Olivier Douliery—AFP/Getty Images)

The writing has been on the wall for months so some may find the urge to gloat over Rep. Kevin McCarthy’s ill-fated House speakership to be irresistible. 

The simple fact however is his ouster could cost everyone as a dysfunctional legislature, stewards of the nation’s purse strings, may drive already high borrowing costs even further into painful territory for the average American. 

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