The United States Pays Its Bills Per Biden

"The United States pays its bills … Raising the debt limit is paying our old debts. This has nothing to do with new spending ... It has nothing to do with my plans on infrastructure or building back better, both of which are paid for, but they’re not even in the queue"

Biden says the U.S. pays it’s debts, but then confides he won’t do so unless he can borrow more money.

This is what’s called a ponzi scheme.