Biden blasts McConnell, GOP on 'dangerous' debt ceiling gambit
Source: The Hill
President Biden warned Monday that the U.S. may default on its debt for the first time in history if Senate Minority Leader Mitch McConnell (R-Ky.) continues to block Democratic attempts to raise the federal borrowing limit.
Speaking to reporters following a Monday speech on the fiscal standoff, Biden said he cannot guarantee that the U.S. will be able to pay its bills past Oct. 18 if GOP senators are unwilling to clear a path to keep the country solvent.
“I cannot believe that will be the end result, because the consequences are so dire,” he said. “But can I guarantee it? If I could, I would. But I can’t.”
Biden’s warning followed a speech in which he excoriated Republicans for closing off every pathway Democrats have used to suspend the federal borrowing limit and accused the GOP of playing a “reckless, dangerous” political game with the U.S. economy. “Just get out of the way. You don't want to help save the country, get out of the way so you don't destroy it,” Biden said in his speech.
Read more: https://thehill.com/policy/finance/575169-biden-blasts-mcconnell-gop-on-dangerous-debt-ceiling-gambit
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"Biden’s warning followed a speech in which he excoriated Republicans for closing off every pathway Democrats have used to suspend the federal borrowing limit and accused the GOP of playing a “reckless, dangerous” political game with the U.S. economy. “Just get out of the way. You don't want to help save the country, get out of the way so you don't destroy it,” Biden said in his speech."
