Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Lebanese President: Israeli aggression on Blida took place in aftermath of meeting of ceasefire monitoring committee.
Lebanese President Joseph Aoun asks Commander of Lebanese Army to confront any Israeli incursion into liberated Lebanese territory in the South.
Al Mayadeen's correspondent: Israeli aircraft launch series of strikes on area of Jarmaq, South Lebanon.
Reuters: Afghanistan and Pakistan agree to restart peace talks in Istanbul.
Al-Mayadeen's correspondent in southern Lebanon: Israeli occupation forces withdraw from the Blida municipality building two hours after occupying it, and the Lebanese army enters
Pakistani army: 6 soldiers and 7 militants killed in clash near the Afghan border
Israeli media: Sirens sound in the settlement of Kerem Shalom in the Gaza envelope area
Afghan source to Al Mayadeen: We still believe in dialogue and prioritize diplomatic solutions with Pakistan; though we are ready for all possibilities.
Afghan source to Al Mayadeen: Pakistan purposely obstructed negotiations in Turkey by making unrealistic demands.
Al Mayadeen's correspondent: More than 70 martyrs in Israeli attacks on Gaza since dawn.

White House on raising US debt limit: 'We will not negotiate'

  • By Al-Mayadeen English
  • Source: Agencies
  • 2 May 2023 23:52
3 Min Read

When asked multiple times whether Biden will give in to the demands to save the US from default, Jean-Pierre calls it "Congress' duty to get this done."

  • x
  • The Capitol is seen in Washington, Tuesday, April 18, 2023, as the Senate and House work on a solution to the nation's debt limit (AP Photo/J. Scott Applewhite)
    The Capitol is seen in Washington, Tuesday, April 18, 2023, as the Senate and House work on a solution to the nation's debt limit (AP Photo/J. Scott Applewhite)

The White House made its stance clear on Tuesday that it does not have the will to negotiate to extend the nation's debt limit in light of Treasury Secretary Janet Yellen's recent warning of a debt default.

Yellen warned on Monday that the US is threatened by a debt default as soon as the start of June, as lawmakers struggle over raising the borrowing limit, adding in a letter to House Speaker Kevin McCarthy: "Our best estimate is that we will be unable to continue to satisfy all of the government's obligations by early June, and potentially as early as June 1, if Congress does not raise or suspend the debt limit before that time."

Yellen also said the US could run out of money in case the debt limit is not raised, meaning that it will not be able to pay for social programs, military budgets, and the national debt.

“Given the current projections, it is imperative that Congress act as soon as possible to increase or suspend the debt limit in a way that provides longer-term certainty that the government will continue to make its payments," she further stated.

Read next: Debt ceiling proposal widens rift between House, Senate Democrats

Related News

A true American horror story: The debt deal and the future of the US

Debt ceiling bill overwhelmingly passes US House

McCarthy's proposal included raising the US debt limit by $1.5 trillion to avert a default of the world's biggest economy.

In a statement, Press Secretary Karine Jean-Pierre said: "This is not an issue that we will negotiate on," commenting that Biden is willing to talk about "a separate process to address the budget" cuts instead, which the House of Representatives has already asked for. 

"It is Congress' constitutional duty to prevent default... Given the limited time Congress now has, it is clear that the only practical path to avoid default is for Congress to suspend the debt limit without conditions," said Jean-Pierre. 

House Republicans have passed a bill for extending the debt limit in return for cuts to certain budgets across a range of government programs, which may have no chance at passing the Democratic-led Senate as Jean-Pierre quoted Biden viewing it as "unreasonable" and "dangerous.".    

When asked multiple times whether Biden will give in to the demands to save the US from default, Jean-Pierre called it "Congress' duty to get this done" adding: "It's a question for them."  

"What has changed?" she said after recalling that prior to Biden's term, Republicans in Congress backed three annual debt limit extensions with little opposition when former US president Donald Trump was in power.

Read more: US debt default would trigger 'economic catastrophe': Yellen
 

  • debt default
  • debt limit
  • US
  • Karine Jean-Pierre
  • Kevin McCarthy
  • Janet Yellen
  • Joe Biden
  • white house

Most Read

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

  • Technology
  • 24 Oct 2025
Arab League chief exposes secret US deal shielding 'Israel’s' nukes

Arab League chief exposes secret US deal shielding 'Israel’s' nukes

  • Politics
  • 27 Oct 2025
Hi-tech holocaust: Microsoft’s role in Gaza genocide

Microsoft's role in world’s first AI-driven genocide, in Gaza, exposed

  • Technology
  • 28 Oct 2025
What Marr evidently didn't seem to understand was that Hedges isn't saying that Western journalists manipulate the truth, but that they systematically amplify Israeli narratives they know are false. (Al Mayadeen English; Illustrated by Batoul Chamas)

Western journalists know they have a case to answer for their betrayal of Gaza, and it frightens them

  • Opinion
  • 24 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Displaced Sudanese who fled El-Fasher after the city fell to the Rapid Support Forces (RSF), rest near the town of Tawila in war-torn Sudan's western Darfur region (AP)
Politics

UAE directly funded RSF, leading to fall of El-Fasher: Sudan

'You’re not welcome in Greece': Israelis face port protests
Politics

'You’re not welcome in Greece': Israelis face port protests

This photo released by the Israeli military on Thursday, Nov. 2, 2023, shows ground operations inside the Gaza Strip (AP)
Politics

IOF soldier who fought in Gaza, Lebanon denied entry to Czech Republic

UN inquiry exposes 'Israel’s' four genocidal crimes against Gaza
Politics

'Israel' committed four genocidal acts in Gaza, UN inquiry finds

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS