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White House Press Secretary To Brief Press Shortly Amid Debt Limit Tensions

US

White House Press Secretary Karine Jean-Pierre is shortly due to brief the press following two days of increased activity in the standoff over the debt ceiling.

  • Livestream: https://www.whitehouse.gov/live/
  • US Treasury Secretary Janet Yellen wrote to Congressional leaders yesterday warning that the government could default on its USD$31.4 trillion debt as soon as June 1st unless Congress moves legislate a debt ceiling hike.
  • Shortly after that call, President Biden called Congressional leaders to schedule a meeting on the debt limit for May 9.
  • President Biden said yesterday: “… America is not a deadbeat nation. We have never, ever failed to meet the debt… We pay our bills, and we should do so without reckless hostage-taking from some of the MAGA Republicans in Congress.”
  • Washington Post: “The gesture from Biden, announced Monday, did little to advance the conversation as both sides dug further into their positions… The next week will be about posturing and very little movement as the default date approaches.”

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