“And if people want to make a debt ceiling [for a longer period of time], like with anything else, there comes a time when, okay, we’ll give you more money, but you have to change your current behavior,” the California Republican added. “We’re not just going to keep increasing your credit card limit, are we?”
With those comments, McCarthy essentially issued a challenge to Biden at the end of the election cycle for a showdown next year. The president didn’t back down on Friday when asked about McCarthy’s threat, saying he opposed the sometimes floating idea of simply abolishing the federal debt ceiling. “No,” he told reporters Friday morning in the Roosevelt Room with a faint chuckle. “That would be irresponsible.”
Biden also issued another warning to Republicans, slamming several GOP plans he said would deeply cut several widely used rights programs. “Let me be very clear, I won’t back down,” he said. “I will not cut Social Security. I will not cut Medicare. It doesn’t matter how hard they work at it.
In both public appearances on Friday, Biden made it clear he is betting on voters feeling too suspicious about what Republicans would do with additional power, predicting, “The polls have been all over the place. I think we will see one more comeback in our direction.
Yet an Emerson College poll released hours earlier showed voters favoring Republican candidates over Democrats on a generic ballot, 46% to 41%. “Since last month, Congressional Republicans have increased their support by one percentage point and Democrats have lost four percentage points,” Emerson analysts wrote in a summary of the survey.