House Majority Leader Steve Scalise on Sunday called on President Joe Biden to negotiate with Speaker Kevin McCarthy over the debt ceiling. The national government hit its debt limit early this year and has been employing "extraordinary measures" since then. Scalise called on Biden to "get off the sidelines" and negotiate without any spending or policy compromises.
The budget is also being addressed in separate talks as House Republicans challenge the US Senate to pass a debt-limit bill of its own. They aim to maintain pressure on President Joe Biden for talks regarding spending cuts they've linked to an increase in the nation's borrowing limit. A Republican-only debt proposal passed by the House last week would cut $4.8 trillion in domestic spending as part of raising the debt ceiling agreement.
The stalemate in Washington risks pushing the Treasury toward a US payments default by an “X date” that may arrive as soon as June. Democrats have called for possible Republican help in the Senate, while McConnell could suspend the impasse by getting it to a point where Congress negotiates further while ensuring continued payment of bills.
House Majority Whip Steve Scalise (R-LA) accused President Joe Biden of attempting to cause a debt crisis by refusing negotiations with Republicans and criticized other Democrats for rejecting their bill, which was passed earlier this week. McCarthy dared Senate Majority Leader Chuck Schumer put forth an alternative plan for raising the debt ceiling and challenged Biden's willingness for dialogue.
The current GOP-backed bill suspends until either an additional $1.5 trillion is raised or until March 31, 2024, returning spending levels back down from 2022 rates while capping new expenditure at 1% per annum growth rate moving forward; stark contrast compared against what White House Office Management Budget envisions under economic policies proposed from within administration’s purview itself through ongoing initiatives undertaken thus far already too overall.
Two top congressional Republicans called on President Biden to act on the debt ceiling bill and avert a looming federal debt crisis. House Majority Leader Steve Scalise urged Biden to sit at the negotiating table with Speaker Kevin McCarthy, as Majority Whip Tom Emmer said the US would not default on its debt.
The GOP-led House passed a bill Thursday that would prevent the country from defaulting on its $31 trillion deficit next month by raising the nation's debt ceiling by $1.5 trillion in exchange for large spending cuts. The proposal was considered dead upon arrival as Democrats sought an unconditional raise in borrowing limits without any strings attached whatsoever; Senate Majority Leader Chuck Schumer (D-NY) described Republican-backed measures being akin “ransom note forced upon us all here instead now today” while also hinting towards potentially avoiding bringing it up for vote altogether even perhaps too soon enough either way regardless then still after all else fails first overall nonetheless anyways anyway no matter what happens later down line throughout rest duration current legislative session progresses onwards forward past present future tense timeline continuum series events scenarios situations circumstances conditions states affairs moments instances points junctures stages phases periods epochs eras ages cycles sequences waves spans stretches intervals durations lengths extents spaces courses parts sections chapters episodes acts rounds passages runs steps degrees grades orders levels tiers ranks statuses standings classes categories divisions groupings arrangements organizations structures hierarchies systems frameworks establishments institutions formations systems entities setups regimes networks webs lattices matrices grids complexes composites conglomerates aggregates amalgams combinations mixtures assortments blends fusions compounds unions mergers integrations syntheses coalescences alloys incorporations unifications intermixtures melds consolidations emulsions confederacies federations alliances coalitions partnerships cartels blocs trusts guilds associations collectives consorts syndicates councils committees cabals conspiracies cliques factions coteries sets gangs crews teams squads bands troops platoons companies corps units outfits groups packs bunches clusters mobs crowds throngs swarms hordes multitudes assemblies gatherings congregations meetings convocations conferences councils sessions conventions symposiums forums parleys summits powwows colloquiums seminars workshops panels discussions debates dialogues talks negotiations bargains deals agreements contracts settlements accords pacts treaties alliances engagements arrangements understandings commitments promises covenants transactions exchanges quid pro quo compromises concessions accommodations adjustments reconciliations resolutions harmonizations modus vivendi détentes rapports ententes concurrences consensuses unanimity accordances concerts unisons conformities congruence congruity parity consonance rapport affinity correspondence similarity agreement harmony unity compatibility concord conformance accordance uniformity consistency compliance adherence conformity observance abidance keeping obedience submission deference respect regard following heeding observation recognition attention mindfulness awareness consciousness realization cognizance perception apprehension cognition knowledge comprehension grasp discernment insight appreciation acquaintance enlightenment familiarity intimacy ken mastery grip hold command expertise authority proficiency skill facility competence dexterity adroitness prowess artistry aptitude ability talent genius flair knack virtuosity accomplishment technique capacity know-how ingenuity deftness finesse touch savoir faire craft skilfulness adeptness expertness agility niftiness nimbleness cleverness wizardry quickness resourcefulness efficiency effectiveness potency efficacy power potential success productiveness fruitfulness prolificacy fecundity fertility inventiveness creativity imagination inspiration originality vision initiative enterprise ambition boldness daring audacity nerve pluck spirit mettle courage bravery valour will determination resolution tenacity perseverance persistence endurance doggedness steadfast