Biden blasts McConnell, GOP on ‘dangerous’ debt ceiling gambit
| President Biden warned Monday that the U.S. may default its debt for the first time in history if Senate Minority Leader Mitch McConnell (R-Ky.) continues to block Democratic attempts to raise the federal borrowing limit.
Speaking to reporters following a Monday speech on the fiscal standoff, Biden said he cannot guarantee that the U.S. will be able to pay its bills past Oct. 18 if GOP senators are unwilling to clear a path to keep the country solvent. “I cannot believe that will be the end result because the consequences are so dire,” Biden said. “But can I guarantee it? If I could, I would. But I can’t.” |
