It’s also critical to remember that the possibility of America defaulting on debts owed is happening on President Biden’s watch. This is the same president who vowed to “build back better.”
A government shutdown to boot?
Another tumultuous possibility facing the United States is a government shutdown. This, too, would have harmful impacts on the nation and its citizens as a whole. Like the debt ceiling, preventing a government shutdown requires congressional action. Time is rapidly running out.
Last week, the White House made a troubling announcement regarding a government shutdown. White House press secretary Jen Psaki stated the Biden administration informed federal workers to remain aware of this.
When government shutdowns happen, federal workers generally miss out on paychecks. In the middle of an inflation crisis and staffing shortages, this is the last thing the country needs.
Biden has yet to reveal whether he thinks all of this constitutes as building back better.