Biden expects Congress to act on debt ceiling soon – WH
White House spokeswoman Jen Psaki stated on Friday that President Joe Biden expects Congress to take action in regards to the debt ceiling, the same way they have in the past, before lawmakers leave for their August recess.
“I think the president certainly expects that Congress will take steps as they have three times during the prior administration to raise the debt limit,” Psaki said.
A two-year suspension of the debt ceiling that was passed in 2019 is set to expire at the end of this month. Failure to suspend or increase the debt ceiling before the congressional recess in August could risk an unprecedented default on the nation’s debt.
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