(Washington) The Republican general staff unveiled its roadmap on the thorny issue of the American debt ceiling on Tuesday, hoping to make Democratic President Joe Biden give in with whom a standoff is engaged.

After a speech on Wall Street on Monday, the leader of the Republicans in the House of Representatives Kevin McCarthy detailed before his caucus his plan to avoid a default on payment by the United States.

Like all major economies, or almost, the world’s leading power lives on credit. But unlike other developed countries, America regularly comes up against a legal constraint: the debt ceiling, which must be regularly raised by Congress.

This famous “ceiling” of 31,400 billion dollars was reached in mid-January.

Temporary emergency measures have been taken to continue to pay the debt, but without an agreement in Congress to raise this ceiling, the United States will find itself in default, unable to meet its financial commitments, perhaps as soon as this summer.

With their new majority in the House of Representatives, they promised to set very strict conditions for any increase in this ceiling, so as not to give a so-called “blank check” to the Biden administration.

“It’s time to stop this madness!” “urged Kevin McCarthy, who poses as an uncompromising defender of budgetary discipline.

“Reckless spending by Democrats has sparked inflation, a banking crisis and many other problems,” he charged on Twitter.

His plan, presented Tuesday to his peers in Congress, plans, among other things, to bring the amount of federal government spending back to 2022 levels, and to limit their growth to 1% per year over the next ten years.

The Democrats are strongly opposed to the Republican project, believing that conditioning an increase in the debt ceiling on budget cuts is tantamount to blackmail.

“This wish list is just a rehash of bad ideas that we’ve been hearing about for weeks,” Senate Democrat Leader Chuck Schumer criticized Tuesday.

Without an agreement, American and global finance risks plunging into the unknown.

The Republican leader had been received by Joe Biden in early February to discuss possible outcomes.

The two leaders had then recorded their differences, failing to find a compromise.

The “speaker” McCarthy, elected in January in pain, will however first have to overcome the dissension in his ranks between the right wing of his party, which pleads for budgetary orthodoxy, and moderate elected officials, to ensure that this bill may well pass the House.