'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.