WATCH: Hugo Gurdon says Biden and Democrats have blinked on debt ceiling

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Biden and McCarthy speak on the debt ceiling meeting with Congress. DebtCeiling HouseGOP Biden READ:

"I think this is a really important moment," Gurdon told Fox Business host Maria Bartiromo on Wednesday on Mornings with Maria."We've had a number of debt ceiling crises in the past, and, in every case, the public has thought that the Republicans are more to blame.

"It's perfectly clear that the Democrats and President Biden have blinked. They are discussing spending cuts, and they could have been doing this for the last three months and should have been doing this for the last three months."

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