Schumer: GOP will bear the blame in case of default

Sen. Charles Schumer (D-N.Y.) said on Thursday that if Congress fails to lift the debt ceiling before the Aug. 2 deadline and the country defaults on its financial obligations, Republicans will be to blame. 

"I want to say to my Republican colleagues, because so many of you have trifled with the idea of not paying off debts, if, God forbid, it happens — and I hope it doesn't ... but if it does, you will bear the blame."

"Not a single Democrat that I'm aware of has said 'we want to default,'" Schumer said. "Many, many Republicans have said they want to default."

Sen. Rob Portman (R-Ohio.) followed Schumer's remarks and denied that any Republicans are wishing for default. 

"There is no Republican interested in defaulting on the debt," Portman said. "No on wants to default on the debt."

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