{"id":54030,"date":"2023-01-24T11:40:47","date_gmt":"2023-01-24T16:40:47","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/flashback-biden-praised-debt-ceiling-talks-as-vp-said-it-was-great-honor-to-negotiate-with-gop-54030"},"modified":"2023-01-24T11:40:47","modified_gmt":"2023-01-24T16:40:47","slug":"flashback-biden-praised-debt-ceiling-talks-as-vp-said-it-was-great-honor-to-negotiate-with-gop","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/flashback-biden-praised-debt-ceiling-talks-as-vp-said-it-was-great-honor-to-negotiate-with-gop-54030","title":{"rendered":"FLASHBACK: Biden praised debt ceiling talks as VP, said it was ‘great honor’ to negotiate with GOP"},"content":{"rendered":"
\n

The White House and several Democrats have vowed to not negotiate with Republicans over the debt ceiling, but President Biden<\/a> himself previously championed the importance of having conversations with those across the aisle during his time as vice president.<\/p>\n

White House<\/u><\/a> press secretary Karine Jean-Pierre was asked earlier this month about debt ceiling negotiations and whether President Biden is willing to “cut any spending” or would be willing to negotiate with Republicans who “want to cut spending as part of a debt limit deal.”<\/p>\n

“Look, as you\u2019ve heard us say before, we will not be doing any negotiation over the debt ceiling,” Jean-Pierre said.<\/p>\n

“What we\u2019re saying is that\u2026 this should be done without conditions,” she added. “In the past\u2026 we have seen both Republicans and Democrats come together to deal with this issue.\u00a0It is one of the basic items that Congress has to deal with, and it should be done without condition. So, there\u2019s going to be no negotiation over it. This is something that must get done.”<\/p>\n

DEMOCRATS PUSH TO ELIMINATE THE DEBT CEILING, ALLOW UNLIMITED GOVERNMENT BORROWING<\/strong><\/a><\/p>\n

The current stance taken by the White House, as well as Democrats<\/a> who do not wish to work with Republicans over the debt limit, appears to go against prior remarks made by then-Vice President Joe Biden from 2011 to 2012 on negotiations surrounding the debt ceiling and how members of Congress should work together to reach “certain compromises.”<\/p>\n

In May 2011, Biden, who played a role in deficit reduction and debt limit negotiations with the new Republican House majority that year, said he was “really pleased and thankful” to those who showed up to discuss the issues at a bipartisan meeting.<\/p>\n

“I\u2019m really pleased and thankful all these guys showed up to begin the hard business of trying to deal with what\u2019s at hand here,” Biden said at the time<\/a>. “This is an opening meeting where today I had a chance to talk a little bit with each of my colleagues. We\u2019re going to lay down not hard negotiating positions, but make sure each of us understand where the other guy is coming from.”<\/p>\n

Three months later, in August 2011, Biden provided an update<\/a> to reporters on negotiations with Republicans about raising the debt ceiling, insisting that the conversations at the time were essential in order to have a “normal political battle” about economic growth in the future.<\/p>\n

Amid pushback from progressive Democrats, as well as concern over the creation of jobs and growing the economy, Biden said the debt limit was “used as the means by which, unless certain compromises were made, we would default on our debt.”<\/p>\n

“There is room within the budget, there\u2019s room within the budget to fund those priorities,” he added at the time. “But it\u2019s going to be, you know, what it ordinarily would be \u2014 a normal political battle. Rather than sitting there saying, \u2018by the way, if you don\u2019t do this, we\u2019re going to let the economy \u2014 the United States default.'”<\/p>\n

That same month, Biden criticized those who were “unwilling to budge” or took a “my way or no way” approach on the debt limit or deficit reduction.<\/p>\n

“How can you explain the fact that grown men and women are unwilling to budge up till now, and still some of them are still unwilling to budge, by taking an absolute position: my way or no way. That`s not governing. That`s no way to govern. You can`t govern that way,” Biden said during an interview<\/a> with CBS News’ Scott Pelley.<\/p>\n

“I predict to you that a lot of those new members who came here with \u2018my way or the highway,\u2019 they`ll either be on the highway or they`ll learn that they have to have compromise,” Biden added at the time.<\/p>\n

One year later, in May 2012, Biden said it was a “great honor” to negotiate the debt ceiling with Republicans.<\/p>\n

“I have had the great honor of spending hours and hours and hours, as you’ve covered my negotiating the debt limit and other things, with the leaders of the Republican Party,” Biden said during an appearance on NBC’s “Meet the Press.”<\/a><\/p>\n

HOUSE CONSERVATIVE LEADER RIPS MEDIA FOR \u2018IRRATIONAL\u2019 DEBT CEILING COVERAGE, VOWS \u2018SERIOUS FISCAL REFORM\u2019<\/strong><\/a><\/p>\n

Earlier this week, Democrat Sen. Dick Durbin<\/a> of Illinois told CNN’s “State of the Union” anchor Dana Bash that Biden should “absolutely not” negotiate with Republicans about raising the debt ceiling.<\/p>\n

“Those who are posing for holy pictures as budget balancers\u2026 should note one important fact: almost 25 percent of all of the national debt accumulated over the history of the United States\u2026 was accumulated during the four years of Donald Trump,” Durbin said.<\/p>\n

In contrast, moderate Democrat Sen. Joe Manchin of West Virginia said during a Sunday appearance on CNN that it’s a “mistake” for Biden not to negotiate with Republicans about raising the debt limit.<\/p>\n

“This is a democracy that we have,” he said. “We have a two-party system. And we should be able to talk and find out where our differences are. And if they are irreconcilable, then you have to move on from there and let the people make their decisions.”<\/p>\n

Dozens of House Democrats have proposed legislation<\/a> that would eliminate the debt ceiling, which would allow the government to borrow without any limit set by Congress.<\/p>\n

The federal government hit the $31.381 trillion debt ceiling<\/u><\/a> last week, and House Republicans are pushing for commitments to cut back on the record growth in federal spending before agreeing to allow more borrowing. But Democrats accuse Republicans of setting up the possibility of prohibiting a debt ceiling hike, which would make the government unable to fund all of its current obligations.<\/p>\n

Democrats say a better idea is to eliminate all limits on federal borrowing and allow the government to borrow whatever it needs.<\/p>\n

House Speaker Kevin McCarthy<\/u><\/a> said Friday that he will meet with President Biden to discuss increasing the debt ceiling.<\/p>\n

“President Biden: I accept your invitation to sit down and discuss a responsible debt ceiling increase to address irresponsible government spending,” the newly elected speaker tweeted Friday<\/a> afternoon. “I look forward to our meeting.”<\/p>\n

Biden had said earlier on Friday that\u00a0he and McCarthy would meet to discuss increasing the debt limit.\u00a0<\/p>\n

“We\u2019re going to have a little discussion on that,” Biden said of McCarthy, Politico first reported. “If we don\u2019t meet our national debt and renege for the first time, we have a calamity that exceeds anything that\u2019s ever happened financially in the United States.”<\/p>\n

Fox News’ Peter Kasperowicz and Brie Stimson contributed to this article.<\/i><\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/politics\/flashback-biden-praised-debt-ceiling-talks-vp-said-great-honor-negotiate-gop <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The White House and several Democrats have vowed to not negotiate with Republicans over the debt ceiling, but President Biden himself previously championed the importance […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-54030","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\nFLASHBACK: Biden praised debt ceiling talks as VP, said it was 'great honor' to negotiate with GOP - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/flashback-biden-praised-debt-ceiling-talks-as-vp-said-it-was-great-honor-to-negotiate-with-gop-54030\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FLASHBACK: Biden praised debt ceiling talks as VP, said it was 'great honor' to negotiate with GOP - 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