House Republicans are looking at ways to avoid a debt default, including by exemption debt and entitlement payments from the debt ceiling once the ceiling is reached.
Rep. Jared Moskowitz, D-Fla., discusses the U.S. debt ceiling and the pressure on Biden to address the Chinese spy craft incident.
The discussion took place even as the government is already bumping up against the current $31.4 trillion debt ceiling. The White House and congressional Democrats have thus far refused to negotiate on spending cuts as part of a deal to raise the borrowing limit, something the House GOP majority has insisted on as part of a deal.
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