The epoch times

White House rejects the GOP’s’s request to reduce spending on bills by a certain amount.

Jeff Zients, the White House’s’s chief of staff, stated that the Biden administration would not negotiate a spending reduction proposal for the debt ceiling with the GOP.

The organization is adamant that discussions about raising the U.S. debt limit remain separate from discussions of national spending.

In an interview with NPR White House correspondent Asma Khalid on April 20, Zients stated that President Joe Biden did not discuss spending reductions with House Republicans in exchange for raising the balance sky.

In reference to the debt limit and funding conversations, Zients claimed that Republicans are careless for” tying two elements together that should never be tied up.”

The White House representative spoke after House Speaker Kevin McCarthy( R-California ) unveiled a legislative framework that would increase the debt limit while lowering spending to 2022.

The impact is extremely good, Top – line, according to Zients. McCarthy’s’s proposition was described by him as” The White House estimates non-defense discretionary spending may be cut by 22 pct.”

On April 17, 2023, House Speaker Kevin McCarthy will give a speech on the economy at the New York Stock Exchange( NYSE ) in the city. ( AFP via Getty Images / Timothy A. Clary )

Stalemate with Debt Ceiling

In order to prevent default on the mortgage, which could occur in the early summertime unless there is an agreement to maximize the limit, McCarthy has been urging the White House to deal with Congressional Republicans.

A U.S. public proxy may have a profound effect on the world economy.

According to Zients, the risk of” brinksmanship” would have” major impacts on the economy, on families across the country.” We won’t be doing that once again, either.

I believe the off-ramp is pretty sharp, he said. Take definition off the table, as we have done every day, when President Trump was in the White House. It’s’s the exact off-ramp that was conducted without fanfare.

” Don’t play games with the United States’ full faith and credit.” It’s’s not acceptable. It cannot be negotiated. and then have a unique conversation about various budgets and visions for the future of the nation.

Washington’s’s U.S. Capitol on March 22, 2023. ( The Epoch Times / Richard Moore )

Based on his experience as vice president under the Obama administration in 2011, which was the final debt limit debate, he declared that Biden had once more match Congressional Republicans.

When bills limit ideas were on the table in 2011, Khalid questioned Zients as to why the organization was so averse to bargaining with Congress over the debt sky. The Obama White House had previously done so with House Republicans.

If you go back ten years, Zients said,” I think the lesson learned was that playing brinkmanship with the full faith and credit of the U. S. of our country and getting close to a period of default had significant impacts on the economy, on families across the country, and we’re’re not doing that again.”

White House refuses to engage in negotiations

Today that McCarthy had outlined his strategy, Zients avoided the question of whether the White House may speak with him.

After they had presented their finances frameworks, both parties had agreed to continue discussions over the debt ceiling.

McCarthy made his funding request earlier on February 1; Biden released his on March 9.

If the speaker has his budget, I’m’m willing to meet with him at any time — tomorrow, if he has one ,” Biden said, adding,” lay it down.” What do you want to perform, please? I’ll’ll demonstrate what I want to do. Watch what we can come to an agreement on.

Despite their mutual understanding, the senator has not kept his promise to meet with the House Speaker since that time.

On March 9, 2023, President Joe Biden discusses his proposed FY2024 national finances at a gathering at the Finishing Trades Institute in Philadelphia, Pennsylvania. ( Getty Images / Chip Somodevilla )

In a statement on April 13, Biden criticized McCarthy’s’s strategy.



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