Psaki also clarified that the priority of the White House is not a long-term solution.
White House Press Secretary Jen Psaki won’t rule out that President Biden may be behind Senate Minority Leader Mitch McConnell’s proposal for a short-term debt ceiling extension.
“We’ll see what the next best option looks like,” Psaki said on whether the White House could be behind McConnell’s proposal for a short-term deal to prevent a US default on its debt.
But Psaki also made it clear that the White House’s priority is not a short-term solution.
Debt limit: Biden meets Schumer, McConnell with CEOs: live updates
“We don’t need to kick the can. We don’t need to go through a cumbersome process that brings additional risks everyday,” Saki said. “We are at this point because Republicans in Congress blocked efforts to protect the full faith and credit of the United States of America despite Democrats raising the debt limit and voting three times during the Trump administration.”
McConnell made the comments on Wednesday after offering to temporarily suspend the US debt limit until more permanent solutions can be found.
McConnell said, “To protect the American people from a near-term Democrat-created crisis, we ask Democrats to pass an emergency debt limit extension at a certain dollar amount to cover current spending levels in December under normal procedures.” will be allowed to use it.” A statement on Twitter.
“This would erase the excuse Democrats made about time constraints and give the unified Democratic government enough time to pass standalone debt ceiling legislation through conciliation,” he said.
The tentative deal could take away pressure from lawmakers who are currently racing against the clock to extend the limit before the October 18 deadline, the date on which the Treasury Department says the US government will be able to pay its bills. capacity will be exhausted.