Biden holds back from criticizing McCarthy in debt ceiling fight

 May 7, 2023

President Joe Biden held back from criticizing House Speaker Kevin McCarthy (R-CA) ahead of a meeting over the nation's debt ceiling.

Biden shared the comments as the nation could face a government shutdown if a solution isn't found by June 1.

Biden's words

"I think he's in the position, well, he had to make a deal," Biden said.

"There's the Republican Party and there's the MAGA Republicans, and the MAGA Republicans really have put him in a position where in order to stay speaker he has to agree — he's agreed to things that, maybe he believes, but are just extreme," he added.

The Senate's support

A total of 43 GOP senators also joined in a letter to express their support for McCarthy's House plan.

"The Senate Republican conference is united behind the House Republican conference in support of spending cuts and structural budget reform as a starting point for negotiations on the debt ceiling," the letter stated.

"Our economy is in free fall due to unsustainable fiscal policies. This trajectory must be addressed with fiscal reforms. Moreover, recent Treasury projections have reinforced the urgency of addressing the debt ceiling," it continued.

McCarthy also pushed back on attacks against the GOP plan to address the debt ceiling.

"Our plan claws back billions in unspent COVID money & limits spending levels to what they were just 4 months ago. It's not radical—it's responsible," he tweeted.

Democrats oppose the plan because it will repeal much of the spending plan they approved last year. Biden also opposes it as the plan would block funding of much of his student debt forgiveness effort.

The two sides will have to agree on some plan soon, however, as less than a month remains until a looming government shutdown could make the situation worse for everyone.

" A free people [claim] their rights, as derived from the laws of nature."
Thomas Jefferson
© 2015 - 2024 Conservative Institute. All Rights Reserved.