Conservative group launches ad pressuring Biden to negotiate on debt limit

  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 94%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

A conservative advocacy group launched a new ad campaign that aims to pressure President Joe Biden to negotiate with House Republicans to increase the debt limit as the United States inches closer to default.

The American Action Network announced a $250,000 cable ad buy on Monday that will air nationally on CNN and MSNBC this week. The ad features headlines from news outlets highlighting Biden's handling of the debt limit negotiations while a voice-over says,"Biden's refusal to negotiate could lead America to its very first default."The ad, by contrast, praises House Republicans for passing the Limit, Save, Grow Act, which raises the debt ceiling over the next year either by $1.

“President Biden is driving America to its very first default, and there will be no one but him to blame,” AAN President Dan Conston said. “The House met the moment and passed popular reforms that avoid default and address America’s runaway spending. It’s time for the President to wake up to reality and get serious about a deal to avoid default.”

Biden has refused to negotiate with House Speaker Kevin McCarthy in recent months, insisting that the GOP pass a"clean" debt ceiling measure.

Biden has refrained from attacking McCarthy personally ahead of their closely watched White House meeting on Tuesday. In an interview with MSNBC's Stephanie Ruhle on Friday, Biden called McCarthy “an honest man.” Meanwhile, Senate Republicans, following McConnell's lead, have remained in lockstep with McCarthy's position that federal spending must be curbed in exchange for a debt ceiling hike.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in LOANS

Loans Loans Latest News, Loans Loans Headlines