20
May
President Biden has made clear for weeks that Congress must act to prevent default. Earlier this week, the President met with the four Congressional leaders at the White House, where they agreed to move forward on a bipartisan budget framework. Following that meeting, the President assigned an experienced negotiating team and directed them to act in good faith to reach an agreement. But now, Republicans are taking the economy hostage and pushing us to the brink of default, which could cost millions of jobs and tip the country into recession after two years of steady job and wage growth. Republicans…