Article 5QAYP Biden warns ‘meteor headed to crash’ into US economy amid debt struggle

Biden warns ‘meteor headed to crash’ into US economy amid debt struggle

by
David Smith in Washington
from on (#5QAYP)

President condemns reckless' Republicans for pushing government towards historic debt default

Joe Biden has condemned reckless" Republicans for pushing the US government towards a historic debt default, warning: A meteor is headed to crash into our economy."

The president's intervention came because there is a cap on how much money the federal government can borrow, which only Congress has the power to raise or lower.

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