{"id":1924261,"date":"2023-05-04T12:43:34","date_gmt":"2023-05-04T16:43:34","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-says-its-my-way-or-the-highway-on-debt-ceiling-hike\/"},"modified":"2023-05-04T12:43:34","modified_gmt":"2023-05-04T16:43:34","slug":"biden-says-its-my-way-or-the-highway-on-debt-ceiling-hike","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-says-its-my-way-or-the-highway-on-debt-ceiling-hike\/","title":{"rendered":"Biden Says It\u2019s My Way or the Highway on Debt Ceiling Hike"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-says-its-my-way-or-the-highway-on-debt-ceiling-hike%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1924261&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>                                                                                                                                                                       President Joe Biden speaks at a ceremony honoring the Council of Chief State School Officers&#8217; 2023 National and State Teachers of the Year at the White House in Washington, D.C., on April 24, 2023.<\/p>\n<p>           It doesn\u2019t take long for reality to catch up with people who spend their money recklessly.  <\/p>\n<p> If the situation is not too far gone, it may be simply a question of cutting back temporarily on unnecessary purchases. However, if the overspending has persisted for a long period of time, an individual may be forced by outsiders, such as credit card companies or banks, into concessions with which they disagree. <\/p>\n<p>  REJECT BIDEN&#8217;S ONE-SIZE-FITS-ALL APPROACH AND EMBRACE A TRUE PRO-FAMILY VISION  <\/p>\n<p> Such is the predicament the White House finds itself in at the moment. The Biden administration\u2019s two-and-a-half-year spending spree has driven up the United States national debt to a whopping $31.4 trillion dollars, and the government is rapidly approaching the day when it can no longer pay its bills. <\/p>\n<p> Treasury Secretary Janet Yellen notified Congress on Monday that if the debt ceiling is not raised or suspended soon, the government could default on its debt as early as June 1. Needless to say, a default by the U.S. government would be a shock to the world economy and must be avoided. <\/p>\n<p> Last week, House Republicans narrowly passed the &#8220;Limit, Save, Grow Act of 2023&#8221; bill. This legislation would raise the debt ceiling by $1.5 trillion (or until the end of March 2024), in return for    $4.8 trillion  in spending cuts over the next 10 years. Far from being as unreasonable as the White House is making it out to be, this GOP package would merely return federal spending to 2022 levels. <\/p>\n<p> Ahead of the bill\u2019s passage, White House spokeswoman Robyn Patterson  told  Fox News: &#8220;The Speaker\u2019s Limit Growth Act is an attack on American manufacturing, American law enforcement, and American families, all in the name of making it easier for the richest Americans to cheat on their taxes, and paying for even more tax giveaways that overwhelmingly benefit the wealthiest Americans and biggest corporations.\u201d <\/p>\n<p> The White House  accused  House Republicans of breaking their &#8220;Commitment to America&#8221; and claimed that Biden was the only one who was \u201cdemonstrating an actual commitment&#8221; to the American people. <\/p>\n<p> Biden insists on a \u201cclean\u201d increase in the debt ceiling, meaning he wants \u201cno strings attached.\u201d  <\/p>\n<p> In a recent interview with NPR, White House chief of staff Jeff Zients  said  the president would like to keep the debt ceiling increase separate from discussions about spending cuts. In other words, just give us the increase, and we\u2019ll address spending issues at a later time. Does anyone recall how a similar promise made to Sen. Joe Manchin (D-WV) went down last summer? <\/p>\n<p> Two things are true: The White House can\u2019t be trusted, and that\u2019s not the way it works in a divided government.  According to  Reuters, \u201cCongress has often paired debt-ceiling increases with other budget and spending measures.\u201d Like it or not, with only a slim 51-49 majority in the Senate and Republican control of the House, Biden is not in a position to call all the shots. He must make concessions. While he doesn\u2019t have to give House Speaker Kevin McCarthy everything Republicans are asking for, he must make a meaningful counteroffer. <\/p>\n<p> The Biden administration has been aware of this looming showdown for months. The government hit the $31.4 trillion dollar debt limit on Jan. 19. <\/p>\n<p> McCarthy last met with Biden on Feb. 1. Following their meeting, the White House issued a    statement  that said their demand for a \u201cclean\u201d bill was &#8220;not negotiable or conditional.&#8221; McCarthy told reporters he had rejected Biden\u2019s demand. He  said , &#8220;That&#8217;s not gonna happen. We&#8217;re not just gonna keep spending and just raise the limit on our credit card.\u201d <\/p>\n<p> There have been no further discussions between the two in the past three months. Yellen\u2019s warning to Congress, however, prompted Biden to arrange a meeting with congressional leaders, which is set for next Tuesday. <\/p>\n<p> But the White House\u2019s tone is still one of defiance. At Tuesday\u2019s White House briefing, press secretary Karine Jean-Pierre stridently  told  reporters that Yellen\u2019s \u201cupdated projection should be a wake-up call to Congress. It is time for the speaker and the MAGA Republicans to stop the brinkmanship and act to prevent default.\u201d <\/p>\n<p> \u201cIt is Congress\u2019s constitutional obligation to act, not hold the full faith and credit of the United States hostage unless we allow them to make cuts to programs hardworking Americans rely upon.\u201d <\/p>\n<p> She said the president has been very clear: \u201cThis is not an issue that we will negotiate on. The debt limit was increased three times under President Trump. \u2026 [T]he only practical path to avoid default is for Congress to suspend the debt limit without conditions.\u201d <\/p>\n<p> The debt ceiling was indeed lifted three times during the Trump administration. But the  claim  that the Democrats \u201csupplied their votes \u2026 without issuing demands\u201d is not true. <\/p>\n<p> The Washington Examiner\u2019s Conn Carroll details the very significant concessions the Democrats extracted during debt limit negotiations. For example, in July 2019, Carroll  notes  that Democrats \u201cwon $324 billion in new spending and the end of the spending caps in the Budget Control Act. It was a huge victory for Democrats.\u201d <\/p>\n<p>  CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER  <\/p>\n<p> In a divided government, everything is negotiable. And Democrats are well aware of that. <\/p>\n<p>Elizabeth Stauffer is a contributor to the\u00a0Washington Examiner, Power Line, the\u00a0Western Journal, and\u00a0AFNN\u00a0and a past contributor to\u00a0RedState, Newsmax, and  Bongino.com .\u00a0Her articles have appeared on many sites, including\u00a0RealClearPolitics,\u00a0MSN, and\u00a0the Federalist. Please follow Elizabeth on\u00a0 Twitter \u00a0or\u00a0 LinkedIn .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden speaks at a ceremony honoring the Council of Chief State School Officers&#8217; 2023 National and State Teachers of the Year at the White House in Washington, D.C., on April 24, 2023. It doesn\u2019t take long for reality to catch up with people who spend their money recklessly. If the situation is not<\/p>\n","protected":false},"author":1,"featured_media":1924262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[3620,10142,5487,3959,5861,6550],"class_list":["post-1924261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-biden","tag-ceiling","tag-debt","tag-highway","tag-hike","tag-its"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1924261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1924261"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1924261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1924262"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1924261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1924261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1924261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}