President Joe Biden on Wednesday blasted Republican-demanded spending cuts as “devastating,” making his case in a campaign-style speech to voters.
President Joe Biden speaks on the debt limit during an event at SUNY Westchester Community College, Wednesday, May 10, 2023, in Valhalla, N.Y.
The faceoff comes as the government is rapidly bumping up against its legal borrowing authority, meaning that it may not be able to pay its bills as early as the start of next month unless lawmakers agree to lift the limit. Senate Republican Leader Mitch McConnell, who has stepped aside as McCarthy tries to negotiate with the White House, has assured, “America is not going to default.”
“Would you rather cut Big Pharma or cut health care for Americans?” Biden asked. “These are real world choices.”
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