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President Joe Biden speaks on the debt limit during an event at SUNY Westchester Community College, May 10, 2023, in Valhalla, N.Y. Biden and his administration have been searching for ways to act unilaterally to avoid an economic “calamity” if Congress can’t reach an agreement to allow more borrowing. (AP Photo/John Minchillo) **FILE**

President Joe Biden speaks on the debt limit during an event at SUNY Westchester Community College, May 10, 2023, in Valhalla, N.Y. Biden and his administration have been searching for ways to act unilaterally to avoid an economic “calamity” if Congress can’t reach an agreement to allow more borrowing. (AP Photo/John Minchillo) **FILE**

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