Sen. Ted Cruz (R-Texas) said Wednesday that President Biden has doomed negotiations with House Republicans over the debt ceiling because of his impaired mental state.
over the debt ceiling because of his impaired mental state.
“What we’re left with is a bunch of young staffers in the White House — radical children — who are perfectly willing to risk a default on the debt because they have no appreciation of the chaos, and misery and damage a default would do. The bill, known as the Limit, Save, Grow Act, would also cap the growth of federal expenditures to 1% per year for the next decade to shrink non-defense discretionary spending.Under Biden, the national debt stands at $31 trillion.Senate Republicans argued Wednesday the cuts were “reasonable,” given the trillions of dollars that have been added in just a few years to the national debt, which currently stands at over $31 trillion.
“In our initial discussions, fiscal conservatives — we wanted to go back to some kind of baseline based on fiscal year 2019, pre-pandemic. That’s not what the House passed,” he added.
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