What’s Happening:
We are only a few days away from the United States hitting the debt ceiling. Experts claim the government will default on its loans, leading to a crippling recession and possibly the loss of millions of jobs.
Joe Biden’s only solution is–not paying back the loans he’s taken out–but to raise the debt ceiling so he can keep spending like there is no tomorrow. Republicans had met with him recently, but Biden was unwilling to negotiate.
From Just the News:
The clock is ticking fast toward the deadline to raise the nation’s borrowing authority after the third White House meeting Tuesday between President Joe Biden and House Speaker Kevin McCarthy ended without a deal or even any specifics about a compromise.
Biden has demanded a “clean” debt ceiling bill that does not make any cuts to his socialist agenda. But House Speaker McCarthy will in no way agree to a deal that raises taxes and hurts working Americans. And now, we are learning what Joe really intends to do.
From Breitbart:
White House Communications Director Ben LaBolt stated that President Joe Biden is still not negotiating over the debt limit and “What the President has been open to throughout this process is a budget negotiation, is an appropriations negotiation through the typical process.”
It appears that Joe Biden is unwilling to compromise with Republicans. That would make him look too weak, just a year before an election. So, his White House is scrambling to find another way to prevent the default, that doesn’t result in Biden swallowing his pride and putting Americans first.
Biden refuses to admit his reckless spending has led the country to the brink of disaster. This is the second time the country’s reached a debt ceiling under Joe Biden. You’d think the man would wake up and realize he can’t keep printing money to prop up his failing agenda.
The administration refused to make a deal with McCarthy. And now they are dancing around claiming it supports the “typical process” to get a bill done. Um, Republicans already passed a bill. One that cuts spending while raising the debt ceiling.
If we default, it won’t be the GOP’s fault. It will be Joe Biden’s fault. He has refused to admit his presidency is a train wreck and he can’t get anything done.
Chances are, Democrats will drag this out to the 11th hour, hoping Republicans will buckle and give in. Biden is gambling with American jobs and families’ futures. He doesn’t seem to care how damaging his decisions are for the average American.
And he really thinks he’s going to be re-elected?
Key Takeaways:
- Biden refused to make a deal with Speaker McCarthy.
- This comes as America is days away from defaulting on its loans.
- Biden has demanded Congress raise the debt ceiling, without spending cuts.
Source: Just the News, Breitbart
