McCarthy introduced a plan last week, which would raise the debt ceiling by over $1 trillion, but also return federal spending to 2022 levels
A U.S. Senator has urged President Biden and Speaker Kevin McCarthy to negotiate on the budget, and not hold American mortgages hostage.
Amy Klobuchar says the two men need to come together to avoid a debt default by June.
McCarthy introduced a plan last week, which would raise the debt ceiling by over $1 trillion, but also return federal spending to 2022 levels.
Klobuchar argues a debate on the proposal should be had.
“That is the place to negotiate and they should start those negotiations now, not using the American people and their mortgages as hostage because right now, we’ve got to simply make clear we’re gonna avoid default and get this behind us,” Klobuchar told CNN’s Dana Bash on ‘State of the Union.’
“So my proposal is debate this step. That is a place to debate this,” she added. “Don’t let it default.”
