The Biden White House launched a new line of debt limit attacks against House Republicans ahead of House Speaker Kevin McCarthy's (R-CA) Monday speech in New York.
McCarthy is slated to lay out the GOP's budget proposals amid an escalating standoff with President Joe Biden over the debt limit.McCarthy and Republicans are refusing to address the debt ceiling without extracting spending concessions from Democrats but have failed to propose specific cuts, which White House officials say is already threatening the"reliability and credibility" of U.S. credit months ahead of this summer's deadline.
Bates claimed McCarthy's speech"isn’t a plan, but it’s clear that extreme MAGA Republicans’ wish lists will impose devastating cuts on hardworking families, send manufacturing overseas, take healthcare and food assistance away from millions of people, and increase energy costs — all while adding trillions to the debt with tax cuts skewed to the super-wealthy and corporations."
Bates pointed to remarks Trump gave in 2019 about working with then-Senate Minority Leader Chuck Schumer and former House Speaker Nancy Pelosi to avoid a debt showdown.
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