By Gautham Nagesh - 04/12/11 06:11 PM EDT
Sen. John McCainJohn McCainThe Hill’s 12:30 Report Veteran and single father wants Fair Pay and Safe Workplaces Meghan McCain fires back at Drudge over ‘obnoxious’ headline 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 KerryKerry to media: Scale back terror coverage Top Dem concerned about 'calamitous conditions' in Yemen State: US concerned about missile defense system at Iranian uranium facility 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.