KUAR | By Ronak Patel
Earlier this year, U.S Treasury Secretary Janet Yellen warned lawmakers the United States could default on its debt if the debt ceiling isn’t raised by early June.
With June approaching, lawmakers have started negotiations for a debt ceiling raise. Arkansas’ congressional delegation has been supportive of their party’s approach to the debt ceiling.
U.S Rep. Steve Womack, Republican of Arkansas’ 3rd Congressional District, appeared on Arkansas Week and said the debt ceiling needs to be raised. He added a default is off the table. Womack said he supports his party leveraging the debt ceiling to pressure the Biden administration to cut spending.
Patrick Semansky/AP
President Joe Biden has started negotiations with lawmakers about raising the debt ceiling. Arkansas' congressional delegation agrees with their Republican colleagues that raising the debt ceiling should be tied to budget cuts.