President Biden Warns That the ‘World is in Trouble’ If U.S. Defaults on Its Debts

President Biden warned Wednesday that if the United States defaulted on its debt, it would spell trouble internationally, after his latest meeting with congressional leaders to raise the country’s borrowing limit hardly made a dent in the debate.

The president, during remarks in Valhalla, N.Y., said that world leaders are wondering about the looming risk of a default.

“They all are looking at me, ‘are you guys serious?’” Biden said, referencing world leaders. “Because, if we default on our debt, the whole world is in trouble.”

Read the source article at thehill.com