Biden: ‘No One’s Ever Tied’ Budget to Debt Limit, I Won’t Negotiate Because My Economy’s Better than Trump’s
Once again, Joe is less than candid or truthful with his statement. The following U.S. Presidents have occasionally tied budget proposals to raise the debt ceiling:
Bill Clinton – President Bill Clinton: In 1995-1996, the Clinton administration faced a debt ceiling crisis when the Republican-controlled Congress refused to increase the debt limit without significant spending cuts. This disagreement led to two partial government shutdowns. Eventually, the two sides reached a deal that raised the debt ceiling and included budget measures to balance the budget over several years.
George W. Bush – George W. Bush: In 2002, Bush tied a debt ceiling increase to additional spending for the war on terrorism.
Barack Obama – Barack Obama: In 2011, Obama tied a debt ceiling increase to a package of spending cuts and revenue increases.
Donald Trump – Donald Trump: In 2017, Trump tied a debt ceiling increase to disaster relief funding and suspension of the debt limit until December 8, 2017.
Ronald Reagan – Ronald Reagan: In 1985, Reagan tied a debt ceiling increase to spending cuts and the Gramm-Rudman-Hollings Balanced Budget Act, designed to reduce the federal budget deficit.
Once again, Joe is not up to speed with Presidential history from his predecessors.
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