I’m glad these leaders are here to talk about the real world impact this is going to have on people and on our position in the world.” “We need to resolve this issue very quickly. It’s about paying for what we owe, and preventing a catastrophic event occurring in our economy. It has nothing to do with my plans on infrastructure or ‘Building Back Better,’ both of which are paid for, but they’re not even in the queue right now. It has nothing to do with new spending or what may be coming this year or other years. Raising the debt limit is paying our old debts.
Senate Republicans have promised to filibuster a long-term suspension of the borrowing limit. default would threaten the global economy. 18 debt-ceiling deadline inched closer, warning that a U.S. Default Finance executives met with President Biden as an Oct.
Transcript Business Leaders Sound Alarm Over Potential U.S.
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