Joe Biden said many of the Republicans' proposals to avoid a breach of the debt ceiling were 'unacceptable.'
He added in a separate May 20 tweet:"President Biden doesn't think there is a single dollar of savings to be found in the federal government's budget.
"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 forPresident Biden doesn’t think there is a single dollar of savings to be found in the federal government’s budget. 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.If Democrats and Republicans fail to reach a deal, it could result in the U.S. defaulting on its estimated $31.4 trillion debt.
A default as early as June 1 would result in the government not having the ability to borrow more money to pay its bills.
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