Biden, who opposes putting conditions on a debt ceiling increase that is needed to cover outlays and tax cuts already approved by Congress, has pushed Republicans for details on what budget cuts they are looking for in order to raise the federal debt limit.
The president addressed a gathering of county officials in Washington and said he has asked House of Representatives Speaker Kevin McCarthy to lay out his budget.
“I suggested, instead of making threats about the debt ceiling, which would be catastrophic, let’s just lay out our budgets,” Biden said. “Here’s the bottom line: I’m simply not going to let the nation default on its debt for the first time in history,” he added.
The White House is due to release its budget on March 9.
House Republicans, the chamber’s controlling party now, want to use the debt ceiling as leverage to push spending cuts, after two years during which Biden’s Democrats controlled both the House and the Senate.