Conservative group launches ad pressuring Biden to compromise on debt limit
Mabinty Quarshie
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A conservative advocacy group launched its third ad campaign in recent weeks pressuring President Joe Biden to reach a compromise with House Republicans over increasing the debt limit as the United States approaches the brink of default.
The American Action Network announced a $250,000 cable ad buy on Wednesday that will air nationally on CNN, MSNBC, and Fox News. The ad also praises House Speaker Kevin McCarthy (R-CA) for passing the Limit, Save, Grow Act — which raises the debt ceiling over the next year either by $1.5 trillion or until March 31, 2024, whichever comes first — with the support of the GOP late last month.
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“Republicans did their job passing reasonable spending cuts and raising the debt ceiling,” says a voice-over during the ad. “Biden is ignoring this commonsense plan, demanding he gets everything he wants or else he’ll cripple the economy. It’s extreme, and there’s only Biden to blame. It’s time the president compromises to get our fiscal house in order.”
Last week, the AAN launched another $250,000 ad buy on cable networks attacking Biden’s refusal to negotiate with House Republicans as he insisted Congress pass a “clean” debt ceiling measure. It also launched a six-figure ad buy after the House GOP passed the Limit, Save, Grow Act that targeted vulnerable House Democrats who voted against the legislation.
“The clock is ticking, and this default will be squarely on the president’s shoulders given his unwillingness to compromise,” AAN president Dan Conston said. “The House has passed commonsense spending reforms that responsibly prevent default and start getting our fiscal house in order. We are out of time for political games.”
Biden met with McCarthy, Senate Minority Leader Mitch McConnell (R-KY), Senate Majority Leader Chuck Schumer (D-NY), and House Minority Leader Hakeem Jeffries (D-NY) for a second time on Tuesday afternoon over debt ceiling negotiations. The group did not reach a consensus on a deal, but Biden and McCarthy agreed to appoint negotiators who will attempt to work out a package on their behalf as Schumer, McConnell, and Jeffries step back from the negotiations.
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Negotiators are quickly approaching the “X Date” by which the U.S. will be unable to pay its bills. Treasury Secretary Janet Yellen said it could hit as early as June 1, leading to financial catastrophe across the nation and the world.
Democrats are also ramping up pressure on Republicans this week. The Democratic National Committee released its own six-figure ad buy Tuesday targeting vulnerable Republicans over the debt limit and tying them to former President Donald Trump‘s eyebrow-raising comments last week on the nation defaulting.