Categories: World

Republicans disagree with government over debt

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“The White House is going downhill,” laments Kevin McCarthy.

It is neither forward nor backward: In view of the stalled negotiations in the US debt dispute, President Joe Biden schedules a personal telephone call with Republican negotiator Kevin McCarthy on the sidelines of the G7 summit in Hiroshima, Japan.

The White House said Biden had instructed his team to schedule a call with the Republican Speaker of the U.S. House of Representatives for Sunday morning U.S. time.

“White House is going backwards”

American media had previously reported that McCarthy had requested such an interview. The White House also said Biden was deeply involved in the negotiations from Hiroshima. His team informed him about the status both Saturday evening and Sunday morning.

Shortly before, McCarthy had accused the government of backing away from an agreement. “The White House is going backwards in negotiations,” the Republican wrote on Twitter. “Unfortunately, the socialist wing of the Democratic Party seems to be in control, especially with President Biden not in the country.

The US government blames the Republicans

The US government denied the allegations and again accused Republicans of taking a big step away from an agreement with an offer that included some extreme partisan demands.

In early June, the US government is threatening bankruptcy if Biden’s team does not reach an agreement with Republicans in Congress to raise the debt ceiling by then. In the US, parliament sets such a limit at irregular intervals and determines how much money the state can borrow. This time, the procedure has degenerated into bitterness, which carries serious risks: a default by the world’s largest economy could lead to a global financial crisis and an economic downturn.

Due to the domestic political disagreement, Biden’s participation in the G7 summit in Japan was sometimes even on the edge. In the end, he canceled the second part of his trip abroad – a visit to Papua New Guinea and Australia – to return to Washington on Sunday evening immediately after the Hiroshima deliberations. (SDA)

Source: Blick

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