The removal of Rep. Kevin McCarthy as speaker of the House of Representatives on Tuesday was historic, but now it's time to talk about the future, one knowledgeable Capitol Hill watcher says.

"We are at a critical juncture in this country," says Ryan Walker, executive vice president of Heritage Action for America, an independent, nonprofit organization affiliated with The Heritage Foundation, which is the parent organization of The Daily Signal.

"If we don't solve the spending problem," Walker says, "we won't have a country to issue treasury bonds for in the future."

The Heritage Action leader says the job of the next speaker of the House is to rein in out-of-control government spending and "talk through this with the Senate and, more importantly, with the American people."

Walker joins this episode of "The Daily Signal Podcast" to talk about the official candidates for House speaker and how long the process of electing a new speaker may take. 

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