This is insane and pathetic.
On Sunday, President Biden stated that he would bear no responsibility if the United States were to face a potential default on its debt in the upcoming days.
During a press conference held in Hiroshima, Japan, where President Biden had journeyed for meetings with G-7 nations, he asserted the aforementioned statement. This declaration followed a period of Republicans in Congress compelling Biden to engage in negotiations, despite the White House’s previous stance that there would be no discussion on the matter. Biden now contends that specific “MAGA Republicans” are intentionally seeking to induce a default as a means to deliberately disrupt the economy prior to his re-election campaign.
In transcript provided by Fox News, Biden shockingly said, “I’ve done my part. It’s time for the other side to move their team positions because much of what they were proposed is simply quite frankly, unacceptable.”
Fox’s Peter Doocy then asked, “Mr. President, on the debt limit, you said already, ‘I’ve done my part.’ Do you think if there’s a breach, nobody can blame you?”
“Of course no one will blame me, I know you won’t, you’ll be saying Biden did a wonderful job,” Biden attempted to joke.
“Would you be blameless in a default situation?” Doocy shot back.
Biden responded, “On the merits, based on what I’ve offered, I would be blameless. On the politics of it, no one would be blameless. And by the way, that’s one of the, one of the things some [people] are contemplating. Well, I gotta be careful here. I think there are some MAGA Republicans in the House who know the damage that it would do to the economy and because I am president, and presidents are responsible for everything, Biden would take the blame. And that’s the one way to make sure Biden’s not re-elected.”
Biden additionally asserted that he possessed the authority to unilaterally raise the debt limit by invoking the 14th Amendment, a legal argument that experts believe would face significant challenges in court.
Biden acknowledged that the ongoing legal dispute would render such a move ineffective, as the appeals process would likely extend beyond the default deadline, making the decision inconsequential.