WASHINGTON — U.S. President Joe Biden said Sunday that opposition Republicans in the House of Representatives must move away from their “extreme position” on government spending in order to reach a deal with Democrats to raise the country’s borrowing limit before it runs out of cash to pay its bills.
The government could come up short to meet its financial obligations as soon as June 1, but the Democratic president said at a news conference in Hiroshima, Japan, that there will be no agreement to avert a catastrophic default affecting the U.S. and global economies only on Republican terms.
“It’s time for Republicans to accept that there is no bipartisan deal to be made solely, solely, on their partisan terms,” Biden said at the end of a Group of Seven summit of the leaders of the world’s wealthiest democracies.
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Edited by Jesus Chan
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