Republicans have wrongly suggested that President Biden and his party are solely responsible for the situation, while Democrats have overstated former President Donald J. Trump’s role.
Tag: National Debt (US)
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Biden and McCarthy Are Set to Discuss Debt Limit as Both Sides Trade Barbs
The hours leading up to the meeting have highlighted the differences between the White House and the Republicans who now control the House.
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Biden Demands Details on Budget Cuts From McCarthy
Ahead of a meeting at the White House on Wednesday, administration officials demanded that Republicans commit to avoiding a default on federal debt.
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Wall Street Is Counting on a Debt Limit Trick That Could Entail Trouble
If the debt limit is breached, investors expect Treasury to put bond payments first. It’d be politically and practically fraught.
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To Understand Why Republicans Are Divided on the Debt Ceiling, Consider Dr. Seuss
The Tea Party is over. Cultural issues seem to animate G.O.P. voters.