White House press secretary Karine Jean-Pierre said the United States would never default, although there was no agreement with the US Congress on the national debt ceiling. DEA News.
Commenting on the fact that there is no agreement or disagreement between the US President Joe Biden and the Speaker of the House of Representatives Kevin McCarthy on raising interest rates, he told reporters on Tuesday, “We pay our bills, we have never been in default in history and we never will.” national debt ceiling
Former Kevin McCarthy accused Biden is inaction that could lead to US default.
Former Secretary of the Treasury Janet Yellen stated In a letter to Congressional leaders, the country is “very likely” to default by June 1 unless steps are taken to raise or suspend the national debt limit, according to the Department.