House Minority Leader Mitch McConnell has warned that Republicans will in fact negotiate with Biden to raise the debt ceiling simply because America has never defaulted on its bills and it won’t start now.
“Periodically the debt ceiling has to be lifted and it’s always a rather contentious effort,” McConnell told reporters in Kentucky. “In the end, I think the important thing to remember is that America must never default on its debt. It never has and never will.”
McConnell told reporters that he expects a deal to come about in the first half of 2023.
“Even just the specter that the United States might not honor its obligations does damage to the economy,” White House economic adviser Brian Deese says. Asked if it's still the White House's position that there should be no conditions attached, "Yes, that's our position." pic.twitter.com/SISd3WEP9i
— Kaitlan Collins (@kaitlancollins) January 19, 2023
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