Republicans’ refusal to raise the US debt ceiling is “mind-boggling”, President Joe Biden says, vowing not to let them use it as a bargaining chip.
Biden attacks Republicans over debt threat
President Joe Biden has cast Republicans as representing the party of “chaos and catastrophe” and sharply criticised their refusal to approve an increase in the US debt ceiling unless they get a deal on spending cuts.
In an impassioned speech at a steamfitters union hall in Virginia, Biden launched attack after attack on Republicans who control the US House of Representatives, saying some of their proposals are dangerous for the American economy.
House Speaker Kevin McCarthy, a Republican, has vowed not to approve a debt ceiling increase unless Biden and his fellow Democrats reach a negotiated deal with Republicans on cutting future government spending.
“We must finally address Washington’s irresponsible government spending if we want to put America on a better fiscal path,” McCarthy wrote on Thursday.