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White House dismisses Chamber push for small businesses tariff relief

The White House has dismissed a proposal from the U.S. Chamber of Commerce to lift the debt ceiling in exchange for spending cuts, with Press Secretary Karine Jean-Pierre stating that President Biden will not negotiate over the debt ceiling, emphasizing it as a fundamental obligation that must be met without conditions. This stance comes amidst ongoing debates and a looming deadline, as the U.S. government faces the risk of defaulting on its debts if the ceiling is not raised. The Chamber's suggestion included a one-year debt ceiling increase paired with spending reductions, but the White House remains firm on not mixing the debt ceiling issue with budget negotiations, highlighting the potential economic disaster of a default.

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