Watch live as White House press secretary Jen Psaki holds briefing

White House press secretary Jen Psaki holds a press conference as the US rapidly approaches its debt limit, risking default. President Joe Biden presented the debt ceiling fight as a problem manufactured by Republicans, who incurred trillions of dollars in debt over the course of the Trump administration. Treasury Secretary Janet Yellen warned lawmakers that the US will reach its debt ceiling on October 18th with other officials warning of serious problems if the US can’t suspend or raise the debt limit.