Summary:
Democratic Rep. Alexandria Ocasio-Cortez claims failure to raise the debt ceiling would cause massive chaos in the U.S. economy.
President Biden remains firm on raising taxes and increasing spending.
Republicans support the Limit, Save, Grow Act, which raises the debt limit while reducing spending.
Ocasio-Cortez’s attacks on Republicans seeking to lower the deficit are reckless and irresponsible.
Biden threatens to bypass Congress and unilaterally increase the debt limit.
Ocasio-Cortez and the Democrats are playing politics and holding America hostage.
Democrats should consider the responsible approach proposed by Republicans to avoid economic consequences.
Commentary:
It’s disheartening to witness the political games being played by Democrats, particularly Rep. Alexandria Ocasio-Cortez when it comes to the debt ceiling negotiations.
Their alarmist rhetoric and refusal to address the valid concerns of Republicans are undermining the stability of our economy.
It’s time for Democrats to prioritize the long-term fiscal health of our nation and work towards a bipartisan solution that addresses both the need to avoid default and the imperative to rein in excessive government spending.
Source Fox News