#shorts during a press conference, Senator Cruz said, “Biden’s position has been, up until two days ago, he would not negotiate, he would not compromise, he wouldn’t even sit down and talk. That was obviously unreasonable. And Biden was doing more than that, he was threatening default of the debt, he was playing roulette with the American economy.

Let me be clear, there is one man on planet Earth and one man only who could ensure we do not default on our debt. His name is Joseph Robinette Biden Jr. And here’s what a responsible president would say. He would stand up and say, “America will never, ever, ever default on our debt.” Every month, federal tax revenues exceed the cost for the interest of the debt. If the president said, “We won’t default on our debt,” we wouldn’t.

But there’s a reason Biden is not saying that. He wants to scaremonger, he wants to scare the stock market, he wants to scare the bond markets. He’s counting on the corporate media to echo his scaremongering.

On 5/3/2023, Sen. Ted Cruz (R-Texas) said Biden is playing a game of chicken with the U.S. economy. Cruz predicted that a clean debt ceiling increase without anything attached won’t pass Congress. He said the U.S. should not default on its debt but the “present path” that the U.S. government is on is “not sustainable.”

Noting that 217 House Republicans voted for the debt limit bill that passed, Sen. Rick Scott (R-Fla.) said the Senate GOP wants to help the House move it through the Senate. The chamber is currently controlled by the Democrats 51-49. The Treasury Department estimated the U.S. would default on its debt by June 1 if the debt ceiling isn’t raised. McCarthy and Senate Majority Leader Mitch McConnell accepted an invitation to meet with Biden on May 9.

other clips of this published longer video is here: https://youtu.be/qoyRGsqSvoI
The High-Stakes Battle: Biden’s Game with America’s Debt, Biden Is The Only Person On Earth Who Can Ensure Not Default