(VitalNews.org) – President Joe Biden told the media he would have no responsibility if the U.S. defaulted on its $31 trillion debt. During a press conference in Hiroshima for a meeting of G-7 nations, said it would be the fault of Republicans, who, he says, are trying to cause a U.S. bankruptcy to hurt Biden’s reelection chances in 2024.
“I’ve done my part,” Biden told reporters, saying “the other side,” Republicans, to make a move. The GOP proposals to avert a debt default are “unacceptable,” Biden said.
Biden, who blames what he calls “MAGA Republicans” for things like national division, domestic terrorism, and now the U.S. debt crisis, refused to meet with House Speaker Kevin McCarthy to negotiate the debt ceiling for more than two months.
McCarthy’s bill, the Limit, Save, Grow Act, would temporarily raise the U.S. debt ceiling by $1.4 trillion for one year. But the bill requires Congress to keep its discretionary spending—spending outside of mandatory entitlement programs such as Social Security—at 2022 levels. Biden repeatedly refused to meet with the Speaker, saying debt negotiations were “off the table.”
The President has since met with Republican leadership to discuss the debt problem, but little progress has been made.
When challenged at the news conference by Fox News reporter Steve Doocy, Biden stayed committed to refusing to take any responsibility if the U.S. defaults and the economy were to crash. Doocy asked him directly if Biden would really be “blameless” in a default.
“On the merits, based on what I’ve offered, I would be blameless,” Biden said. Referring to himself in the third person, Biden then said “MAGA Republicans” know a debt default would hurt the economy, and they want that because “That’s the one way to make sure Biden’s not re-elected.”
A source within the Republican party told Fox News said there has been no progress between the sides on the question of discretionary spending.
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