McCarthy claimed that Biden “ignored” the Republicans’ bill to raise the debt ceiling.
taking the unprecedented step of raising the debt ceiling unilaterally through the 14th Amendment, which states that the “validity of the public debt of the United States, authorized by law … shall not be questioned.”the federal government could default on its debt for the first time ever as soon as June 1 if Biden and Congress fail to act.AP Photo/Evan Vucci
Former President Donald Trump said Republicans should let the government default during a CNN town hall.Former President Donald Trump weighed in on the issue Wednesday night during a CNN town hall in New Hampshire, telling Republicans they“I say to the Republicans out there — congressmen, senators — if they don’t give you massive cuts, you’re gonna have to do a default,” the 76-year-old said.
“I don’t believe they’re going to do a default because I think the Democrats will absolutely cave because you don’t want to have that happen,” Trump added. “But it’s better than what we’re doing right now because we’re spending money like drunken sailors.” The Limit, Save, Grow Act passed by the House in late April would raise the debt ceiling by $1.5 trillion or suspend it until March 31, 2024, whichever point is reached first. Republicans offered the measure in exchange for spending cuts to non-defense discretionary spending, which they have pledged will not come from Medicare, Social Security or
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