By
Ryan Ledendecker
|
May 27, 2023
|
11:45 pm

Joe Biden to spend weekend at Camp David amid debt ceiling crisis looming

It's difficult to believe that a sitting president would leave Washington D.C. while America is on the verge of financial collapse and chaos, but that's just par for the course in the Biden administration. 

According to the Daily Caller, as the United States' bank account dwindles just days before a potential debt default situation, President Joe Biden will depart for Camp David for a relaxing weekend, which he seems to do quite frequently.

If a deal isn't reached by June 1, the U.S. could default on its debt for the first time in history, with experts warning such a development would be devastating to an already-shaky economy.

Meeting several times, Biden and House Speaker Kevin McCarthy (R-CA) had not negotiated a deal throughout the week.

Notably, the Daily Caller reported that the White House refused to provide a reason why Biden would travel to Camp David at such a critical time, also refusing to reveal the president's weekend plans.

On Thursday, White House press secretary Karine Jean-Pierre was asked about the situation.

"The president could — could deal with this issue anywhere he is. And so, I’ll just leave it as that," KJP responded.

KJP was asked several times at Thursday's briefing. She seemed visibly frustrated when answering the multiple inquiries.

In late-breaking news Saturday evening, it was reported that McCarthy and Biden struck a "deal in principle" to avoid a catastrophic debt default.

As of this writing, there was no additional information on what the "good faith deal" involves, and if it'll mark a win for Republicans or Democrats.

Only time will tell, but until a deal makes it to Biden's desk and is signed, anything can happen.

Written By:
Ryan Ledendecker

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