President Joe Biden on Wednesday said he is “confident” the U.S. will avert default, expressing optimism a crisis could be avoided as he left for a foreign trip even as debt ceiling negotiations were coming down to the wire.
“I’m confident that we’ll get the agreement on the budget that America will not default,” Biden said from the White House Roosevelt Room. He added, “We’re going to come together because there’s no alternative.”
Biden’s remarks come as he embarks on a now five-day trip to Japan to meet with G-7 leaders. The president was due to visit Papua New Guinea and Australia following his appearance in Hiroshima but canceled the back half of the trip to work on a debt ceiling deal.