Rep. Andrew Garbarino, R-N.Y., discusses the Republicans response to the U.S. debt restrict, the Democrats’ ‘concern mongering’ and DHS Secretary Mayorkas claiming border encounters have dropped.
Rep. Andrew Garbarino, R-N.Y., slammed Democrats for refusing to barter with Home Speaker Kevin McCarthy on the debt ceiling, telling “Mornings with Maria” Friday that whereas Republicans usually are not in opposition to elevating the debt restrict, they don’t seem to be going to permit the federal authorities to proceed spending trillions.
REP. ANDREW GARBARINO: I believe Kevin [McCarthy] is considerably proper. I believe Secretary Yellen, with the assistance of the press corps, they’re turning this into an issue earlier than it’s. We perceive that the debt ceiling goes to be hit however now unexpectedly two weeks right into a Republican majority within the Home now we’re hitting the restrict.
US DEFAULTING ON DEBT IS ‘WHOLE DIFFERENT LEVEL OF ECONOMIC RISK,’ BIDEN’S ECONOMIC ADVISOR SAYS
Republicans aren’t in opposition to lifting the debt ceiling. Republicans don’t need the nation to default on the debt, however they don’t seem to be simply going to write down a clean examine. The Democrats over the previous couple of years have spent trillions greater than now we have acquired. We aren’t going to permit them to proceed to do it. They should cease with the charade and begin negotiating with Kevin McCarthy about doing a wise debt restrict enhance whereas additionally chopping sure spending.
Gene Sperling, senior adviser to President Biden, discusses the specter of the U.S. defaulting on its money owed as Congress discusses the U.S. debt ceiling.