Biden because he is president will get the blame if the world economy tanks because the U.S. defaulted on it's debt payments by not raising the debt ceiling. The whole world economy could easily collapse in a gigantic cascade over weeks and months.
However, McConnell has decided the best way to destroy Biden's presidency completely is to tank the world economy, so he is doing everything he can to tank the world economy and destroy Biden's legacy which also might prevent Biden passing the 1 trillion infrastructure bill or the 3.5 Trillion (whatever you want to call this:
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The longer all this takes to straighten out the worse it tends to get for everyone. Also, Moderates are really pissed at the progressives for tying these two bills together. The damage done between progressives and moderates is more serious than you might think at present and might split the party into two parties eventually because of what is happening now.
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