Debt ceiling politics divide Congress.

House Majority Whip Tom Emmer declined to guarantee that the U.S. will not default on its debts as debt ceiling brinksmanship continues in Washington. House Republicans passed their own debt ceiling proposal last week, but it has almost no chance of passing the Democratic-controlled Senate, and President Joe Biden has vowed to veto it if it reaches his desk. The U.S. is projected to run out of cash to continue paying its obligations as early as June if Congress does not raise the debt ceiling by then.