Democrats anxious over default, but refuse to abandon Biden’s no-negotiation pledge on debt limit

Congressional Democrats are anxious about a potential default on the national debt but are sticking with President Biden‘s refusal to negotiate with House Republicans on cutting spending in exchange for raising the debt ceiling.

On the day after House Republicans passed a plan to raise the nation’s borrowing limit and cut spending, Democratic lawmakers were not discussing a compromise with the Republicans. Democrats said the prospect of the government’s inability to pay interest on the more than $31 trillion in national debt should not be taken lightly.