President Biden’s recent change of direction in debt ceiling negotiations has left many Republicans feeling betrayed and frustrated. House Speaker Kevin McCarthy expressed his concerns during an interview with Maria Bartiromo on “Sunday Morning Futures.”
McCarthy questioned the timing of President Biden’s decision to alter the course of negotiations while he was attending the G-7 Summit in Japan. He criticized the President’s choice, stating, “For 97 days, he ignored me. We were in a good place. He goes overseas, and now he wants to change the debate. That’s not healthy.”
During his press conference in Hiroshima, President Biden blamed “MAGA Republicans” for derailing the debt talks, suggesting that they were deliberately harming the economy to hinder his chances of re-election.
McCarthy dismissed these claims, instead pointing out that it was the progressive members within the Democratic Party who had pushed for increased government spending. He accused President Biden of aligning with the far-left wing of his party, even at the risk of a potential default.
McCarthy’s resolve was clear as he declared, “I will never give up.” He emphasized the importance of American solutions to American problems, such as curbing inflation, reducing reliance on China, and strengthening the economy. The Speaker also highlighted the significant increase in government spending since Democrats gained control.
Some Democrats are urging President Biden to use the 14th Amendment to bypass congressional negotiations and raise the debt ceiling independently. However, constitutional law experts have raised doubts about the legality and effectiveness of such a move. Biden himself acknowledged that any legal disputes would further delay a final decision, potentially leading to a default.
The fate of the debt ceiling negotiations now rests in the hands of lawmakers from both parties. Republicans are calling for responsible fiscal management and a focus on reducing spending. As the deadline approaches, tensions rise, and the nation anxiously awaits a resolution.
Source Fox News
