Hugo Gurdon says Biden and Democrats have blinked on debt ceiling
Luke Gentile
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Washington Examiner Editor-in-Chief Hugo Gurdon said President Joe Biden and Democrats have blinked on the debt ceiling.
“I think this is a really important moment,” Gurdon told Fox Business host Maria Bartiromo on Wednesday on Mornings with Maria. “We’ve had a number of debt ceiling crises in the past, and, in every case, the public has thought that the Republicans are more to blame.”
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“It looks as though the Republicans, because they’ve been united and because they’ve done something reasonable, which is to pass legislation, which actually would raise the debt ceiling at the same time as cutting some spending, they are the ones who are clearly seen to have taken some action.”
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Biden, on the other hand, held out for 97 days and refused to discuss the ceiling in the same breath as spending, according to Gurdon.
That changed last week, he said.
“He blinked, and it was interesting because he blinked by saying there are certain things like the student loan forgiveness and other things which he would take off the table, such as the Inflation Reduction Act, and that implied that there were certain things which were on the table which he was willing to negotiate about,” Gurdon said.
“It’s perfectly clear that the Democrats and President Biden have blinked. They are discussing spending cuts, and they could have been doing this for the last three months and should have been doing this for the last three months.”
With the ground that Republican lawmakers have gained, Gurdon alluded to comments from House Speaker Kevin McCarthy (R-CA) that a deal could be made by the end of the week.
Biden’s departure for a visit to the Far East could help that deal come to fruition, according to Gurdon.
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“He’s going to be away, and each side has appointed people to conduct their negotiations,” he said.
“When you don’t have the top politicians … you just got the functionaries, the low-level people, what they’re going to do is try and come to a deal.”