White House Chief of Staff Jeff Zients says President Joe Biden won't negotiate over spending cuts in exchange for raising the debt ceiling with Republicans in Congress. | Clips
House Republican Whip Tom Emmer sounded upbeat Monday as he vowed Republicans will have the votes to pass their debt ceiling bill later this week, making the case he's made to members all weekend that a vote against the package would hand President Joe Biden and Democrats a victory.
President Biden is threatening to veto House Republicans’ “extreme" bill to address the debt limit, warning GOP lawmakers their measure could cause a recession and urging them to “take default off the table."
The White House called the bill a "reckless attempt to extract extreme concessions as a condition for the United States simply paying the bills it has already incurred."
In a statement opposing the debt ceiling bill, the White House said House Republicans are pursuing “a reckless attempt to extract extreme concessions.”
The White House said Tuesday that President Biden would veto the House GOP’s debt limit bill if it managed to pass the Democrat-controlled Senate and reached the president’s desk.
Republican leaders are trying to win over holdouts to pass their debt ceiling bill this week. Senate Democrats and President Joe Biden say the bill is going nowhere.
