House Minority Leader Hakeem Jeffries (D-NY) claimed on Wednesday that House Republicans want to induce a recession amid debt ceiling negotiations with the White House so that former President Donald Trump has better election odds next year.
The debt ceiling, a statute established by Congress that prevents the government from spending beyond a predetermined national debt limit of $31.4 trillion, exceeded the threshold earlier this year. Republicans want to link an increase in the debt limit with spending caps, while Democrats say they prefer separate processes for debt limit negotiations and budget reforms, a debate which occurs even as the government nears default as soon as the first day of June.
Jeffries advanced his theory in a press conference alongside other lawmakers. “They have rejected every single
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