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Sen. Schumer says GOP reckless for using debt limit as ‘political bargaining chip’

Senate Majority Leader Charles E. Schumer laid into House Republicans Tuesday for demanding spending cuts in exchange for raising the debt limit to avoid the U.S. defaulting on its debt.

The New York Democrat accused House Speaker Kevin McCarthy and “MAGA Republicans” of playing with fire when it comes to the health of the U.S. economy.

“America pays its debts. Period. There should be no political brinkmanship with the debt limit,” Mr. Schumer said. “It’s reckless for Speaker McCarthy and MAGA Republicans to try and use the full faith and credit of the United States as a political bargaining chip.