Republicans could cause US to default on its debt, top Democrat warns
John Yarmuth, outgoing House budget committee chair, sounds alarm about GOP going into ‘blow-it-up mode’ on Capitol Hill
A leading Democratic lawmaker has warned that the Republican party is now so extreme it could cause the world’s largest economy to default on its debt for the first time ever in its quest to extract concessions from the Biden administration.
“My guess is that whoever is speaker of the House will be so in a vice from the extreme members of their caucus, that they won’t be able to get anything done here. I really worry about defaulting,” John Yarmuth, Kentucky Democrat and chair of the powerful House budget committee, told the Guardian.
