"But what caused our cash balances to run to exceptionally low levels in the past was the failure of Congress to raise the debt limit."
"In 2034, under our budget, I believe it would be around 45 trillion."
"We need to enact policies to make sure that the debt stays sustainable and we are on a fiscally sustainable path."
"He has explicitly said that he will not agree to raise taxes for people making under $400,000."
"I would certainly call a success."
"We will respond to the letter, and I don't really have more to say about that."
"President Biden has made absolutely clear that he opposes increasing taxes on people earning less than $400,000."
"President Biden has said he would oppose allowing tax cuts to expire for people making under $400,000."
"There will be a negotiation over what to do when these tax cuts expire."
"He will oppose any tax increases on families earning under $400,000 at the same time that he will oppose keeping in place benefits that went to the wealthy."
"The President supports no tax increases on families making under $400,000."
"President Biden has made it clear he would never support cuts in benefits to those individuals."