Debt negotiations take a ‘setback’
While negotiations on the US debt crisis appear to be on track, Republican opposition in the House of Representatives has condemned the White House for backing down.
Kevin McCarthy.
AFP
Debt ceiling talks between the White House and Republicans appeared to be deadlocked in Washington on Saturday night, with each side accusing the other of stalling negotiations.
The city said in a statement Friday night that the Republican caucus “put on the table an opportunity for a major pushback and a set of deeply partisan demands that will never pass in either house of Congress.” White House spokeswoman Karine Jean-Pierre calls for “getting serious.” And, according to him, it is Republican officials under the thumb of those close to Donald Trump who are “(threatening) to default our country for the first time in our history,” but “not the president (Joe Biden). The officials are Democrats.”
The White House, determined not to let Democrats take responsibility for the situation in the public eye, sent a memo to teachers on Saturday detailing the plans. “The White House has taken a step back in negotiations,” House Republican Rep. Kevin McCarthy told him in a tweet Saturday evening.
“Unfortunately, the Democratic left seems to be in charge, especially with President Biden out of the country,” he lamented.
Joe Biden is actually in Japan, where the G7 meeting is taking place, and earlier in the day he reaffirmed his belief that the US can avoid a default. He has suspended his Asia-Pacific tour due to the US debt crisis and is due to return to Washington on Sunday after the Hiroshima summit.
The budget has been a sticking point as Republicans demand spending cuts to agree to raise the debt ceiling, allowing the nation to honor its fiscal obligations. Without a quick deal, the US, starting June 1, will not be able to repay its creditors, pay the salaries of some government employees and pay veterans’ pensions. This could have devastating consequences for the US economy, but also for the world.
AFP
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