Economic news

Republicans’ debt-ceiling plans are ‘reckless’ White House says

2022.10.25 17:00

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© Reuters. FILE PHOTO: White House Press Secretary Karine Jean-Pierre speaks during a daily press briefing at the White House in Washington, U.S., October 4, 2022. REUTERS/Elizabeth Frantz

WASHINGTON (Reuters) – U.S. Republicans’ plans to use the debt ceiling to pressure Congress to cut government spending are “reckless,” the White house said Tuesday, and could threaten the U.S. economy.

Any move by Republicans to use the debt ceiling as a “political football” if they win control of Congress would be “reckless,” White House press secretary Karine Jean-Pierre said.

“It is reckless. It is playing a reckless game with our economy,” Jean-Pierre said.

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