Political Quotes

“it is about time. Ninety days after his last meeting with Speaker McCarthy and after weeks of pointblank refusal to engage in discussion, President Biden finally agreed to meet with the Speaker about debt ceiling legislation. I will say it again. It is about time. If the administration's estimate is correct, the United States is mere weeks away from reaching the limit of its borrowing capacity--which means, of course, that the President has to reach an agreement with the Republican-led House of Representatives on a debt ceiling bill, but the President has been completely AWOL on this issue. While I am very pleased that the President's Treasury Secretary has apparently managed to convey the urgency of the situation to the President and that the President is actually going to sit down with Speaker McCarthy , it remains to be seen how seriously the President will take negotiations. He certainly hasn't been taking this issue seriously so far. House Republicans, on the other hand, have been taking this issue seriously. They have offered legislation to raise the debt ceiling, paired with spending reforms to slow the rate at which we are accumulating debt. But up until 18 hours ago, the President was refusing to engage on the issue at all. The day Republicans passed their debt ceiling legislation last week, the President was asked if he would sit down with Speaker McCarthy to negotiate on the debt limit.…”