Biden demands a “clean” debt ceiling hike without spending cuts… Here is McCarthy’s response. – The Informant



Biden demands a “clean” debt ceiling hike without spending cuts… Here is McCarthy’s response.

Published on 18.1.2023


In just six months, Republicans in the House of Representatives could have their first major budget showdown with the Democratic Senate and Democratic President Joe Biden, as they engage in a power struggle over the debt ceiling.

Republicans have always demanded that spending cuts accompany an increase in the debt ceiling in order to reduce future deficits.

Democrats have mocked Republicans for the proposal, which has sometimes led to government shutdowns, saying they are holding the government hostage for partisan politics.

This week, Mr Biden called for a “clean” debt ceiling hike that is not tied to spending cuts.

Mr McCarthy opposed the request, saying he wanted to negotiate with the president to try to cut spending before the budget dispute leads to a possible government shutdown.

Tendency : USA: Hunter Biden said he paid $49,910 a month to live in Joe and Jill’s house in 2018, where classified documents were stored… Guess who lost his 2018 tax returns on his website?

The Epoch Times reports : Speaker of the House of Representatives Kevin McCarthy (R-Calif.) has rejected President Joe Biden’s request that Congress raise the national debt ceiling without attaching conditions such as spending cuts demanded by virtually all Republicans in Congress.

At an informal press conference with reporters just outside the Capitol, McCarthy said, “We’re about six months away, and what I’d like to do is sit down with all the leaders, especially the president, and start talking. »

The Speaker of the House of Representatives said Mr. Biden’s refusal to discuss anything other than a “clean” increase in the debt ceiling, which limits federal borrowing, is “a sign of arrogance that he says he doesn’t even want to discuss it. I mean, think of what the Democrats did in just four years, they increased discretionary spending by 30%. When Republicans were in charge for eight years, discretionary spending did not increase by a dollar. »



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