Joe Biden Blasts 'Hypocritical' GOP Opposition To Raising Debt Limit
HuffPost
The president said he couldn't guarantee the U.S. won’t default on its obligations because of unified Republican opposition in the Senate.
President Joe Biden on Monday called out Republicans for refusing to allow Democrats to raise the debt ceiling, even though they supported legislation that necessitated an increase in the first place.
“Raising the debt limit is about paying back our old debt. It has nothing to do with new spending,” Biden said at the White House, calling the GOP’s refusal to support the action “hypocritical.” “They won’t vote to raise the debt limit to cover their own spending.”
Twice last week, Republicans blocked legislation that would have raised the statutory debt limit, which lets the government borrow money to pay bills it has already incurred. The GOP helped to add trillions of dollars in debt under the previous administration, but now lawmakers refuse to raise the debt ceiling with a Democrat in the White House.