President Biden criticized House Republicans, especially Speaker Kevin McCarthy, for their handling of the debt ceiling. According to CNBC, President Biden stated that "MAGA Republicans in Congress are threatening to default on the national debt, the debt that took 230 years to accumulate overall, unless we do what they say." The House speaker unveiled a bill to raise the debt ceiling for a year while cutting billions in spending. Biden said that there were “real serious, detailed conversations” that could happen instead of making the drastic decision of not raising the debt ceiling. He also reminded people that America is not a “deadbeat” country.
Additionally, according to The New York Times, the debt ceiling is a "destructive quirk" in the budget process in the United States that tends to impede the Government. Congress could take action to raise the limit on the allowed amount of debt, but it faces opposition from Republican lawmakers who are considering playing the brinkmanship card. Paul Krugman highlighted the negative implications of playing political games with the debt ceiling, which put "Social Security recipients and other vulnerable Americans at risk while damaging the US credit standing worldwide.”