“They are doing what no other political party has done in the history of our country, they are holding the economy hostage, literally, by threatening to default on our debt,” laments the American president.
Joe Biden, entangled in difficult negotiations with the Republicans on the public debt, once again criticized them on Wednesday for holding the economy “hostage” with the threat of a default.
“They are doing what no other political party has done in the history of our country, they are holding the economy hostage, literally, by threatening to default on our debt,” accused the American president during of a trip to Valhalla, north of New York.
“We shouldn’t even be talking about it,” said the 80-year-old Democrat, a candidate for a second term, who had a meeting on Wednesday, without result, with opposition leaders.
Joe Biden, who came to speak in a Republican constituency, has also renewed his attacks against his duettist in this file: the conservative boss of the House of Republicans, Kevin McCarthy.
The conservative “only has his job because he submitted” to the “extreme” elements of his party, fervent supporters of former President Donald Trump, assured Joe Biden.
The president and the boss of the House of Representatives are due to meet again on Friday.
Joe Biden must convince Republican parliamentarians to vote to raise the maximum ceiling on public debt in the United States.
The opposition refuses to do so if the White House does not promise budget cuts in return.
Without a vote from Congress, the United States could find themselves this summer unable to pay their bills, pay salaries and pensions, and honor their financial deadlines, which would be unheard of.
An American payment default would, according to the White House, have catastrophic consequences for employment and growth in the country, in addition to destabilizing global finance.
2023-05-10 21:14:08
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