Speaker of the US House of Representatives Kevin McCarthy has accused President Joe Biden of inaction that could put the country in default. McCarthy stated this on his web page. twitter.
According to the politician, there are only 10 days left before the US government’s debt defaults. McCarthy believes Biden ignored the impending crisis for months, despite his repeated calls. The speaker argues that Biden risks facing the first default in US history because of his inaction.
McCarthy said he called for talks on the national debt in mid-January, but Biden didn’t react in any way, and only in mid-May the US president was forced to admit that such negotiations were necessary.
Former Secretary of the Treasury Janet Yellen stated In a letter to congressional leaders, he said the country is most likely to default by June 1 unless steps are taken to raise or suspend the national debt limit, according to the ministry.