INTERVIEW | Sen. Rick Scott: If America Defaults on Debt, It Will Be 100% Joe Bidens Responsibility'
The clock is ticking on America\u2019s debt, and Republicans lawmakers are calling on President Joe Biden to agree to their plan to raise the debt ceiling and rein in government spending.\nUnder the leadership of Speaker Kevin McCarthy, R-Calif., House Republicans issued a plan to raise the debt ceiling by $1.5 trillion, or until the end of March 2024, whichever comes first, provided that Congress and the president agree to significant cuts in government spending.\nBiden, however, has continued to argue that Congress should raise the debt ceiling without conditions.\n\u201cIf we default on our debt, it will be 100% Joe Biden\u2019s responsibility,\u201d\xa0Sen. Rick Scott, R-Fla., says, adding that it is the president\u2019s job to \u201cfigure out how to raise the debt ceiling.\u201d\nBiden\u2019s other option, Scott says, is to \u201cfigure out how to not have to raise the debt ceiling by living within our means.\u201d\nThe U.S. already has hit the debt limit of $31.4 trillion, but the Treasury Department is using \u201cextraordinary measures\u201d to prevent defaulting on loans to the government. The Treasury Department says lawmakers have to act to raise the debt ceiling by the beginning of June to prevent risk of default.\nScott joins \u201cThe Daily Signal Podcast\u201d to explain why Republicans and Democrats are so divided in the debt ceiling debate and what will happen if Congress can\u2019t reach an agreement with the president.\nAlso on today\u2019s show, Scott talks about his recent trip to the southern border and what\u2019s going to happen when\xa0Title 42\xa0expires as scheduled Thursday.\nEnjoy the show!\nPlease use this link to watch the 303 Creative documentary:\nhttps://youtu.be/nfk1q-EXNDE\n\n\n Hosted on Acast. See acast.com/privacy for more information.