United States House Speaker Kevin McCarthy told reporters he "like[s] having a debt limit."
"It's a check and balance," McCarthy stated while entering the Congress building. "You want to keep it in check. If you eliminate it, people here, they just want to spend money all the time."
Commenting on the provisional deal on the debt ceiling between House Republicans and President Joe Biden, which the lower chamber will vote on later in the day, McCarthy said that "there's a lot of things I want, too, but this is one that moves us in the right direction."