McCarthy accuses Biden of pivoting to Dems’ ‘socialist wing’ on debt ceiling talks:
House Speaker Kevin McCarthy on Sunday accused President Biden of suddenly pivoting to the demands of the Democrats’ “socialist wing” on the debt ceiling negotiations.
The California Republican said that after 97 days of being ignored by the president, the possibility of a fair deal appeared close at hand until Biden suddenly chained his mind to appease Democrats following Sen. Bernie Sanders‘ press conference on Friday.
“Now, the president, even though he was overseas, thought to change places… I don’t understand that,” McCarthy told Fox’s “Sunday Morning Futures.”
“The president has really shifted right after the more progressive socialist wing of the party stood up and says they want to spend more money,” McCarthy continued. “He’s now bringing something to the table that everyone said was off the table.
“It seems as though he wants a default more than he wants a deal.”
Despite the friction with the president in recent days, McCarthy said that he had a “productive” phone call with Biden on Sunday, and that the two will meet on Monday to negotiate further.
While McCarthy and his party say that there is clear room for cuts in the US budget, Sanders and other progressives have slammed the GOP’s efforts as detrimental to Americans who rely on social welfare programs. Meanwhile, Republicans have stood against Democrats’ efforts to impose tax hikes for the wealthy. --->READ MORE HERE
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| iStock, Saul Loeb, Samuel Corum/Getty Images; BNN |
House Speaker Kevin McCarthy (R-CA) slammed President Joe Biden amid debt ceiling negotiations and accused the president of preferring the United States default on its debts rather than cut federal spending.
“President Biden doesn’t think there is a single dollar of savings to be found in the federal government’s budget,” McCarthy tweeted Saturday evening. “He’d rather be the first president in history to default on the debt than to risk upsetting the radical socialists who are calling the shots for Democrats right now.”
Treasury Secretary Janet Yellen has warned that the U.S. will hit its debt limit as early as June 1.
For months, Biden refused to negotiate with House Republicans on the debt ceiling. The president had a change of heart after House Republicans rallied behind Speaker McCarthy to pass the Limit, Save, Grow Act, which would lift the debt ceiling through early next year and save the government an estimated $4.8 trillion over the next ten years.
Debt ceiling negotiations between Biden and congressional leaders have been happening for nearly two weeks. However, Biden’s White House is “moving backward in negotiations,” according to McCarthy.
“The White House is moving backward in negotiations,” McCarthy tweeted. “Unfortunately, the socialist wing of the Democrat Party appears to be in control—especially with President Biden out of the country.” --->READ MORE HEREFollow links below to related stories:
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