Biden threatens to veto House GOP bill to raise debt ceiling, slash spending – By John Wagner (The Washington Post) / April 25, 2023
President Biden on Tuesday threatened to veto legislation being pushed by House Republican leaders that would condition support for raising the debt ceiling on deep spending cuts, calling it “a reckless attempt to extract extreme concessions as a condition for the United States simply paying the bills it has already incurred.”
In a statement officially announcing its opposition to the bill, the White House said: “The President has been clear that he will not accept such attempts at hostage-taking.” It added that “House Republicans must take default off the table and address the debt limit without demands and conditions, just as the Congress did three times during the prior Administration.”
The House Rules Committee is preparing to consider the legislation on Tuesday afternoon. House Speaker Kevin McCarthy (R-Calif.) is angling to bring the package to the floor as early as Wednesday.
