Biden declares 'America will not default,' says he's confident of budget deal with GOP lawmakers

An optimistic President Joe Biden declared Wednesday he is confident the U.S. will avoid an unprecedented and potentially catastrophic debt default, saying talks with congressional Republicans have been productive. He left for a G-7 summit in Japan but planned to return by the weekend in hopes of approving a solid agreement.

[wynnloftis]

Just when the country looks like it can't get worse...Biden says "hold my beer"

[jonesnicholos]

aint tht crazy tht they want people to always pay their debts & punish u if u dont, but they get a pass if they don't😂

[robertlange]

Raise you hand if you believe anything Biden says. That's what I thought...

[friedbed]

you know its bad then they come out and tell you not to worry.

[colliswilliams]

The US has never defaulted on its debt. But it did once come up with a clever way of replacing people's gold with worthless paper.

[eddiemunster]

Joe has always been known for making big bold empty proclamations

[Pit]

We pay our bills yet we're 170 billion in

[frankrizzo]

Won't default on our debt... we'll just keep flipping the credit cards over and print monopoly money to pay them off with.

[lezgobranden]

10% OF THE BUDGET FOR THE "BIG GUY"

[alixp]

He always says the opposite. So America, we are going to default.

[cappiece]

They won't default cause they don't get paid and their expense cards are frozen lol

[dwreal]

This means we’re in trouble. This man lies more than anyone in DC

[mikemcardle]

Biden is so bad it sad KH is just as bad

[Veritas-invenitur]

For some strange reason, Biden saying that we won’t default has me concerned that the republicans are going to force a default.

[SerenitynPeace]

He can't stop it. What is wrong with him? He made our country a dead beat country! How dare he!

[Adamortega_]

Oof imagine have voted for this guy what a joke

[vlogcritter]

I have to question what kind of politicians we have have, when they are willing to hurt the country if they don’t get there way. I am talking of Dems and Reps. When are we as a people going quit this party line BS and vote as a group in this country. BTW..keep you Dem/Rep arguments to yourself

[tvman]

What a poker face, he comes out and says we won't default, might as well tell Republicans to bend him over a barrel. He's telling them they can have whatever they want so long as they go along with the debt problem that's already in place. Wow what a keen negotiator.

[ByebyeBiden]

Yes it will if you keep giving away out tax money stop the givaways

[Shichard]

In the past, Congress has always raised the debt ceiling eventually — viewing it as “must-pass” legislation that also enables individual Members to slip in a few spending earmarks at the last minute. But with a slim majority in the House, Republicans are demanding that federal spending be reduced to 2022 levels and future growth capped for the next 10 years. Since this plan excludes defense spending, it would impose draconian cuts on health care, climate, and other domestic programs, while seeking to expand fossil fuel drilling to raise revenue. Even if House Republicans have the votes to pass such measures, it isn’t going to get anywhere with Senate Democrats or President Biden.