Vice President Kamala Harris was given a briefing on the ongoing debt limit negotiations after President Joe Biden departed for an international trip.
As Speaker Kevin McCarthy (R-CA) and the White House continue to discuss a possible debt limit agreement, Biden traveled to Japan this week.
Biden left Harris to take part in a “virtual briefing” on the debt ceiling discussions in his place.
Ronna McDaniel, chair of the Republican National Committee (RNC), blasted the Biden administration’s lack of initiative in the talks in a statement issued.
“Border czar Kamala Harris is currently participating in debt ceiling negotiations even though she presides over the most catastrophic border crisis in the nation’s history,” McDaniel stated in a written statement. “President Biden has departed the country. Since the Biden-Harris admin. lacks leadership, problems keep happening and American people are left to deal with the fallout, but they don’t care.”
“President Biden leaves for Asia as House and Senate Republicans conduct a news conference on a prudent debt ceiling rise,” according to Chad Gilmartin, McCarthy’s deputy spokesperson.
Treasury Secretary Janet Yellen issued a warning that the federal government would approach the debt ceiling by June 1 at the time of the most recent White House discussion with McCarthy over the debt ceiling. McCarthy and Biden are under pressure to reach a deal because of this alleged deadline.
The government wouldn’t run out of funds until July 28, according to Bank of America analysts, as Breitbart News Economics Editor John Carney pointed out in his Breitbart Business Digest, giving political leaders a lot more time to bargain.
This week, McCarthy informed reporters that he thought an agreement may be reached “by the last day of the week.”
“As a result, our negotiation process is now more structured. Even if we just have a few days to do it, it now provides you a greater chance,” McCarthy added.
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