Re: Let the truth be known
Biden: Say goodbye to job growth and low unemployment if the debt ceiling isn't lifted
PUBLISHED FRI, MAY 5 2023 1:53 PM EDT
UPDATED FRI, MAY 5 2023 1:54 PM EDT
Emma Kinery
@EMMAKINERY
WATCH LIVE
KEY POINTS
President Joe Biden used the strong April jobs report to warn that a failure to raise the debt ceiling would result in sweeping job losses.
The economy added 253,000 jobs last month, far outpacing Wall Street estimates of 180,000.
Lifting the debt ceiling is necessary for the government to cover existing spending commitments already approved by Congress and the president.
Biden: Say goodbye to job growth and low unemployment if the debt ceiling isn't lifted
PUBLISHED FRI, MAY 5 2023 1:53 PM EDT
UPDATED FRI, MAY 5 2023 1:54 PM EDT
Emma Kinery
@EMMAKINERY
WATCH LIVE
KEY POINTS
President Joe Biden used the strong April jobs report to warn that a failure to raise the debt ceiling would result in sweeping job losses.
The economy added 253,000 jobs last month, far outpacing Wall Street estimates of 180,000.
Lifting the debt ceiling is necessary for the government to cover existing spending commitments already approved by Congress and the president.
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