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White House: McCarthy team delayed debt talks with their proposals KXan 36 Daily News

Date: March 2, 2024 Time: 06:56:30

According to her, the Republican team presented proposals that were a huge step backwards and contained a set of extreme one-party demands that could never be accepted by both houses of Congress, reports RIA Novosti.

US President Joe Biden has repeatedly put forward proposals to reduce the budget deficit, from limiting spending to cutting profits for big pharmaceutical companies to closing tax loopholes for oil and gas companies, Jean-Pierre said. He noted that administration officials are ready to meet with members of Congress on the issue of public debt at any time.

Only the Republican leadership, not the president or the Democrats, is threatening to take the country into default for the first time in US history if the radical demands of a single party are not met, the spokeswoman added.

Meanwhile, Biden is confident that he will be able to negotiate with Congress to raise the US national debt ceiling, as lawmakers understand what this could threaten. He also stressed that the United States would not default.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.
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