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October 5, 2021

Biden blasts Republicans over debt clash: ‘Just get out of the way’

President Joe Biden had harsh words for Republicans as the US approaches its deadline to raise the debt ceiling or default on its debt.

“They won’t raise it even though defaulting on the debt would lead to a self-inflicted wound that takes our economy over a cliff,” Biden said Monday.

According to the US Treasury, the US will run out of money by Oct. 18 unless Congress raises the current debt limit. Failure to act in time could lead to the first default in modern history and potentially disastrous consequences for Americans and the US economy.

“Not only are Republicans refusing to do their job, they’re threatening to use their power to prevent us from doing our job: saving the economy from a catastrophic event. I think, quite frankly, it’s hypocritical, dangerous, and disgraceful. Their obstruction and irresponsibility knows absolutely no bounds, especially as we’re clawing our way out of this pandemic.”

“A meteor is headed to crash into our economy. Democrats are willing to do all the work stopping it. Republicans just have to let us do our job. Just get out of the way. You don’t want to help save the country? Get out of the way, so you don’t destroy it.

Source:

Biden warns ‘meteor headed to crash’ into US economy amid debt struggle

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