Politics

Biden Blasts Republicans From Production Set Near White House: “Raising the Debt Limit is Paying Our Old Debts, It Has Nothing to do with New Spending” (VIDEO)

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Joe Biden on Wednesday met virtually with business leaders on the debt limit crisis the Democrats created.

Biden spoke to JP Morgan’s Jamie Dimon and Nasdaq CEO Adena Friedman from a stage in the South Court Auditorium near the White House.

Biden blamed Republicans for the impending default and said, “Raising the debt limit is paying our old debts, it has nothing to do with new spending,”

McConnell eventually caved to Biden and agreed to a short-term emergency debt ceiling extension into December.

VIDEO:

“Raising the debt limit is paying our old debts, it has nothing to do with new spending,” Biden says.

“It’s about paying what we owe and preventing a catastrophic event from occurring in our economy” https://t.co/54GNnuUOIW pic.twitter.com/RnGOLaC19N

— Bloomberg Quicktake (@Quicktake) October 6,

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