DECRYPTION – Republicans are pushing for lower spending as the legal debt ceiling has been reached.
Washington Correspondent
Is the United States in danger of defaulting? The threat resurfaces against the backdrop of the political battle over the debt ceiling. Joe Biden must imperatively, by June, find a way for the two chambers of Congress to vote for an increase in this ceiling. The exercise, essential to avoid default, promises to be particularly delicate because of the extreme polarization in Washington since the Republicans narrowly won back the majority of seats in the House of Representatives.
The stated objective of the Republicans, led by their “speaker” elected with difficulty at the beginning of January, Kevin McCarty, is to force the Democrats to reduce public spending, using the vote on the debt ceiling as a nuclear weapon. The tolerance for the explosion of the debt demonstrates in their eyes the dysfunction of the American political system.
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