(DailyVantage.com) – President Biden has taken aim at House Republicans’ bill addressing the debt limit and warns that their “extreme” measure could bring about a major recession and urges them to take away the threat of default.
Biden stands opposed to the Limit, Save, Grow Act of 2023, and in a Statement of Administration Policy, has promised to veto the bill in the event that it reaches his desk.
The statement calls the Limit, Save, Grow Act “a reckless attempt to extract extreme concessions as a condition for the United States simply paying the bills it has already incurred.”
The White House Administration is placing blame on Speaker of The House, Kevin McCarthy, R. California, for pushing other Republican house members to “break their Commitment to America”, but the administration has failed to meet with McCarthy for negotiations.
Speaker McCarthy’s deputy spokesman, Chad Gilmartin said, “President Biden’s reckless spending has already threatened the financial well-being of every American family, and now his irresponsible refusal to negotiate with Speaker McCarthy threatens the entire American economy with the first default in our history.”
“By putting forward this bill, the only things House Republicans are committing to are increasing crime, letting more fentanyl onto our streets, and sending American manufacturing jobs to China,” White House spokesperson Robyn Patterson told Fox News.
“The Speaker’s Limit Growth Act is an attack on American manufacturing, American law enforcement, and American families all in the name of making it easier for the richest Americans to cheat on their taxes, and paying for even more tax giveaways that overwhelmingly benefit the wealthiest Americans and biggest corporations.”
Perhaps not ironically, the White House claims that the bill “defunds the police” by cutting federal law enforcement funds and points out that GOP lawmakers have promised to increase support for law enforcement.
Republicans in the House plan to vote on the bill Wednesday, April 26 needing 218 votes to send it forward to the Senate for a vote. Senate Republicans seem amenable to the bill.
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