Is Biden Caving To GOP's Manufactured Debt Crisis On Purpose?
It seems increasingly likely that Joe Biden is going to cave to Kevin McCarthy and the Republicans on the debt ceiling by agreeing to some spending caps and additional work requirements. Biden absolutely doesn’t have to do this. Unfortunately, he and his administration have almost zero creativity whatsoever.
Republicans are simply manufacturing another crisis with the debt ceiling fight. The US government has never defaulted on its debt, and there is no reason to believe that it will default now. The GOP is simply using the debt ceiling as an excuse to cut social programs.
Joe Biden and the Democrats must do more to fight against the Republicans' attempts to use the debt ceiling to their advantage. They need to educate the public about the debt ceiling and its impact on social programs. They also need to be prepared to use the debt ceiling as a bargaining chip in negotiations with the Republicans.
The debt ceiling is a serious issue that has the potential to impact the lives of millions of Americans. It is important to be aware of the issue and to be prepared to fight against the Republicans' attempts to use it to their advantage.
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