Joe Biden pushed Republicans on Tuesday to present a budget blueprint and let Americans make decision.
Decision on whether they want to keep the path with his economic strategy or follow policies that he thinks will drive up the national debt.
Initially, Biden opposes placing constraints on a debt ceiling rise required to support already-approved expenditures and tax cuts.
He has now pressed Republicans for specifics on the budget cutbacks they want.
This in exchange for raising the federal debt ceiling.
The president told a group of county leaders in Washington that he had requested House Speaker Kevin McCarthy to outline his budget.
Biden said, “Instead of making apocalyptic threats regarding the debt limit, I proposed that we just put out our budgets.”
“The basic line is that I will not allow the country to default on its obligations for the very first time in its history,” he continued.
On March 9, the White House will announce its budget.
After two years in which both the House and Senate were controlled by Biden’s Democrats, the majority party in the House, the Republicans, seek to use the debt limit.
As leverage to press for spending cutbacks.
McCarthy has said that Republicans would not attempt to cut the 2 major benefits packages, Social Security and Medicare.
However, Republicans have not yet agreed on a detailed strategy.
The debt limit increased three times in the four-year presidency of the Republican Donald Trump,
Albeit sometimes with restrictions attached.
Since 1978, just 26 of the sixty debt-ceiling increases have been enacted and it was not coupled with additional budget or spending legislation.
McCarthy has said that Republicans would only raise the limit if Biden agrees to expenditure cutbacks.
Despite their disagreements, both parties affirm that they will keep in touch.
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