April 28, 2023

'They produced a ransom note': Hakeem Jeffries blasts House GOP debt limit plan, wants real budget

If there was any sense the passage of a House Republican debt limit plan could move the needle on debt ceiling brinksmanship in Washington, House Minority Leader Hakeem Jeffries, D-N.Y., reassured reporters Friday that President Joe Biden and congressional Democrats will not settle for anything less than a clean debt ceiling increase.

“We are still waiting for House Republicans to produce a budget. They produced a ransom note,” Jeffries said in a press conference, dismissing the House GOP plan – which includes $4.5 trillion in spending cuts – as anything close to a budget.

The clock is ticking for Congress to raise the debt ceiling, as the U.S. is projected to run out of cash to pay its obligations sometime in early June.

 

USA Today