Senior Biden officials and allies are exploring a series of strategies for raising the debt ceiling. | Alex Brandon/AP PhotoPresident Joe Biden hasn’t yet lost control of Congress. But already, his administration is preparing for its first major showdown with a newly emboldened Republican party.
The U.S. has never defaulted on its debt. But such a move would immediately send the economy into a tailspin, spike interest rates and reverberate across the globe. “Nothing, nothing, nothing will create more chaos and do more damage to the American economy than playing around with whether we pay our national bills,” Biden said during an appearance Tuesday in Florida.
“You’re talking about really tearing out the insides of the country,” one economic adviser to top Democrats said of the threat of a debt default. “It should take a superhuman effort from rationally minded people to do everything possible to head this off at the pass.” But some Biden advisers view the elimination option as politically ill-advised and far more difficult to find consensus on even among Democrats.
Its to late to change or turn back now the damage was all done the first month of the Biden Regime installation .
Good example of a manufactured narrative by Politico. What it is based on?
Well, its looking painful. There are polls of Oregan governing being competitive.
Politico, owned by a private equity firm...
POTUS VP SecDef SenateGOP HouseGOP HouseDemocrats HouseGOP GENERAL AUSTIN UR A LIAR STOP WAR IN EUROPE ! AUSTIN'S lie: US Military arms watchers in UKRAINE well away from missle fire of FRONTLINE? Russia ability fire missles any target E. NATO line.
Prepare for the worst, hope for the best is something my dad always said. Makes good sense.
So....who thinks he is going to be around when the shishhhh hits the fan? Orrr that he hasn't made arrangements to say I don't remember anything....who me? Just look at TV
The Biden administration is the most ,fake, corrupt,weak, uninspiring administration in history!!!👎🏼👎🏼👎🏼
The GOP is scary. What plans do they have to fix shit?
In the same speech, just days before the election, Biden demanded two things: 1. Denying election results is a “threat to democracy itself” 🙄 2. The elections WILL require several days to count votes. If you think this allows for cheating, see 1
Nah they aren't emboldened, they are scared. They are spreading rumors the election is invalid already because they know they will lose and lose big. They are like an animal trapped in a corner and so are just flailing around. It's sad, really.