Biden Blasts Republicans’ Debt Ceiling Plan

President Joe Biden blasted the Republicans' recently unveiled spending plan to raise the debt limit and cut spending, calling it "a reckless attempt to extract extreme concessions as a condition for the United States simply paying the bills it has already incurred." The Biden administration’s Office of Management and Budget released the statement, making clear the president would veto the Republicans’ recently unveiled bill, "The Limit, Save, Grow Act."