Kevin McCarthy on Political Capital.

(This is not a legal transcript. Bloomberg LP cannot guarantee its accuracy.)

REP. KEVIN MCCARTHY (R-CA) TALKS TO BLOOMBERG'S AL HUNT ON POLITICAL CAPITAL.

JUNE 24, 2011

SPEAKERS: AL HUNT, HOST, POLITICAL CAPITAL

REP. KEVIN MCCARTHY (R-CA)

HANS NICHOLS, BLOOMBERG NEWS

HEIDI PRZYBYLA, BLOOMBERG NEWS

GREG STOHR, BLOOMBERG NEWS

KATE O'BEIRNE, NATIONAL REVIEW

MARGARET CARLSON, BLOOMBERG NEWS

AL HUNT, HOST, POLITICAL CAPITAL: This week on Political Capital, budget talks breakdown in Washington. Is there any way out of this impasse? We'll ask our guest, Republican Congressman Kevin McCarthy, the House …