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America First News
21 May 2023

#politics

The Epoch Times: US Default Risk Casts Shadow Over Biden's G7 Trip at Home
US Default Risk Casts Shadow Over Biden's G7 Trip at Home
President Joe Biden is seeking to coordinate a call with Kevin McCarthy to discuss the debt ceiling negotiations while attending the G7 summit in Hiroshima. The negotiations stalled after no agreement was reached on Friday night, and McCarthy has accused the White House of backtracking, with Biden reportedly refusing to cooperate on spending cuts. The White House responded by stating that Biden is seeking to speak with McCarthy on Sunday morning after his G7 meetings. The White House accused the Republicans of "recycling a barely watered down version of their extreme budget proposal" and "taking the economy hostage."