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House Oversight Committee urges spending cuts to avoid U.S. debt default By Reuters

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© Reuters. FILE PHOTO: U.S. Representative James Comer Jr., R-Ky., speaks during a House Committee on Oversight and Reform hearing on gun violence on Capitol Hill in Washington, U.S. June 8, 2022. Andrew Harnik/Pool via REUTERS

WASHINGTON (Reuters) – House Oversight Committee Chairman James Comer said on Sunday he hoped a U.S. debt default could be avoided but put the onus on Democrats to agree to spending cuts being pushed by his fellow Republicans.

“We hope that this is avoided. We hope that the Senate, House – Democrats and Republicans – will agree to spending cuts. Look, this has to stop. We cannot continue to operate with these types of deficits,” Comer said in an interview with CNN.

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