President Unity Gives Unhinged Lecture on Debt Ceiling
Spencer Brown
Posted: Oct 04, 2021 12:25 PM
In remarks from the White House on Monday, an exasperated President Biden addressed the looming October 18 deadline before which Congress must vote to raise the nation's debt ceiling or face defaulting on its debts on the heels of last week's failure to whip enough support among congressional Democrats to move his domestic legislative agenda forward.
Failing to raise the debt ceiling is "reckless and dangerous" according to Biden who attempted to explain the situation in layman's terms. Such a vote, Biden claimed, is "paying what we already owe, what has already been acquired" and "not anything new."
"We're able to borrow because we always pay what we owe," Biden continued, saying "that's America, that's who we are." The "full faith and credit of the United States" is "rock solid, it's the best in the world," he added.
In Biden's pitch, "raising the debt limit is about paying off our old debts" and has "nothing to do" with his administration's infrastructure or budget reconciliation bills, two items the president erroneously claimed are "already paid for."
Voting to raise the debt ceiling is "usually a bipartisan undertaking" said a desperate Biden before launching into attacks on the previous Republican administration's "reckless tax and spending policies."
morehttps://townhall.com/tipsheet/spencerbrown/2021/10/04/biden-on-debt-ceiling-n2596907
