Debt - News

Relief checks live updates: Tax season, IRS credit, debt ceiling, Social Security payments, housing market

Look, we’ve been very clear that the debt limit should be dealt with without conditions.  We’ve been very, very clear on that, and we continue to make that clear.  And — and we believe that Congress should act in a bipartisan way — as they did three times in the last administration, as they did 78 times since 1960, 49 times with a Republican president, and 29 times with a Democratic president.

This is incredibly important.  We have seen reports that if a default happens, 6 million jobs could be lost.  Right?  We’re talking about an economy that we saw the GDP, just the other day, at 2.9 percent growth, which is better than was antici- — expected.

So we’re seeing a growing economy.  We’re seeing record unemployment, 50-year low.  We’re seeing almost 11 [million] jobs created under this President. 

Karine Jean-Pierre, White House Press Secretary

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