TASS writes about it.

The agency notes that the leader of the Republican faction in the House of Representatives, Kevin McCarthy, warned that he would require concessions on budgetary spending on key programs in exchange for approving the increase in the national debt ceiling.

“The situation with the debt ceiling should not turn into a political confrontation.

Republicans in Congress voted three times to raise the debt ceiling under the previous president, so you can do it again,” Jean-Pierre said.

She urged Congress to "take a responsible approach to the issue of the national debt ceiling" before the deadline.

“The sooner they act, the better for our economy and our country,” the spokeswoman said.

According to the US Treasury, the US public debt in October for the first time in history exceeded $31 trillion.

In October 2021, US President Joe Biden signed a bill that would increase the country's public debt ceiling by $480 billion. Then he placed the responsibility for the current situation in the economy on the administration of his predecessor, Donald Trump.

A potential default that could occur would jeopardize the dollar's status as the world's reserve currency, Biden said.