WASHINGTON (SBG) - Republicans say there is no way they will join to raise or suspend the debt ceiling, increasing the legal limit on the total amount of debt lawmakers borrow.

“This is a unified Democrat government engaging in a partisan reckless tax spending spree. They will have to raise the debt ceiling on their own and they have the tools to do it,” said Senate Minority Leader Mitch McConnell in a statement.

Democrats could increase the debt ceiling “without a single Republican vote,” according to former White House economic advisor Stephen Moore.

“The Democrats can do this on their own through what's called the Reconciliation Bill," said Stephen Moore to The National Desk’s Jan Jeffcoat. “They have no margin for error. They have to get every single Democrat in the Senate and they can only lose about four or five in the House.”

Moore says the second most important man in Washington right now is West Virginia Senator Joe Manchin, who is the “swing vote among all the Democrats.”

The closest the U.S. has ever come to defaulting on its debt was in 2011 during the Obama administration, which led the rating agency SMP to downgrade the national debt.

“When you have a massive debt as we do right now, and you're going to increase it, as the Democrats want to do by another $10 trillion in the next decade, we estimate that every child born today will inherit about a $500,000 debt,” said Moore.

The Biden administration is defending the plan to increase the IRS funding by nearly $80 billion.

“This is a $40 billion increase in the IRS budget, which basically doubles the IRS budget. And it also hires 75,000 new IRS agents,” said Moore. “Every year you're going to have so many audits now.”