Sen. Joe Manchin (D-WV) called on President Joe Biden to continue debt ceiling negotiations with House Speaker Kevin McCarthy (R-CA) as the federal government quickly approaches a default on obligations.
The debt ceiling, a policy established by Congress that prevents the federal government from spending beyond the predetermined national debt limit of $31.4 trillion, surpassed the threshold earlier this year. McCarthy and Biden met in early February to discuss possible mechanisms to raise or eliminate the debt ceiling, a move which several House Republicans will not approve without meaningful efforts to limit future federal expenditures.
Manchin, observing that Biden has refused to meet with McCarthy for more than two months, issued a statement on Thursday calling for negotiations to continue.
“America is facing a historic economic crisis brought on by an abject failure to address our exploding national debt, chronic inflation, a looming recession, and the more immediate need to…
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