Sen. John McCainJohn McCainOvernight Defense: McCain grills Trump's budget pick | Dems seek to limit Trump on nukes | Senators weigh new round of base closures Overnight Finance: Deficit to hit 1B in 2019 | Trump meets with automakers | Inside Mick Mulvaney's confirmation hearings for OMB Webb: What matters now is policy MORE (R-Ariz.) argued critics of the recent spending cuts agreed to by both parties in Congress are ignoring the dire fiscal path he said the U.S. is currently on.
McCain said a fiscal meltdown is likely unless "draconian measures" are taken, and that only the “most liberal” economists don't agree the nation's current fiscal trajectory is unsustainable.
The remarks came during a press conference on commercial privacy Tuesday on the Hill. McCain and Sen. John KerryJohn KerryPossible US embassy move to Jerusalem exposes facade of two-state negotiations Maryland golf club will extend invitation to Obama, despite objections Obama released 1M to Palestinians in final hours MORE (D-Mass.) both answered a question on the budget deal reached this weekend, with Kerry expressing dissatisfaction with the process through which the accord was reached.