President Joe Biden was under pressure Wednesday to negotiate a debt ceiling with House Republicans as the bill was finalized in the House.
‘Republicans say you’re refusing to negotiate a debt ceiling…’ Reporter Said to Biden at the White House before he interrupted.
“They haven’t figured out the debt ceiling yet,” Biden replied.
Biden’s comments come on the same day the House is about to pass the debt ceiling bill, raising questions about whether Biden will finally negotiate with House Republicans.
Biden looks down at list of pre-approved reporters and calls pic.twitter.com/ESWPYOE4wQ
— RNC Research (@RNCResearch) April 26, 2023
Before becoming president, Biden boasted that he led debt ceiling talks with Republicans in 2011, a contrast to his stance in 2023.
“How can you explain the fact that both adult men and women have historically been unwilling to concede?” Biden said. Said CBS News in 2011.
“It’s not governance,” Biden added. “Many new members who come here with ‘my way or the highway’ will learn that they have to either take the highway or compromise.”
The 2011 debt ceiling negotiations consumed Washington in a showdown between “tea party” House Republicans and the Obama administration.Biden was The deal was settled within 11 hours as Senate Republicans and some Democrats recommended cuts and created a “supercommittee” to ensure there were no defaults.
Last week, House Republicans launched a plan to raise the debt ceiling by cutting spending. The bill would increase the debt limit by $1.5 trillion and cut spending by $130 billion. As reported by Breitbart News, the proposal would look like this:
- Withdraw unmandated coronavirus aid money
- Block ‘unjustified’ student loan giveaways
- Eliminate nearly $80 billion in funding to hire 87,000 IRS agents made available thanks to the Inflation Reduction Act
- Implement regulation from the Executives Requiring Scrutiny (REINS) Act that would curb the regulatory status
- A sweeping energy reform bill, HR 1, enacts the Lower Costs Energy Act
Some lawmakers voted for McCarthy’s plan, but have made it clear they won’t vote less in the future.
Ralph Norman: “I agreed to vote for it because it starts the ball and gets us in the ring… Now I’m not interested in what we come back to, but I I’m interested in what they voted for.” pic.twitter.com/UqJPVBpXsz
— Manu Raju (@mkraju) April 26, 2023
But Biden has denounced the plan and refused to negotiate with Republicans.