House Democrats plan to collect signatures for a discharge petition to raise the debt ceiling. House Minority Leader Hakeem Jeffries, who has previously characterized the move as a last-ditch effort, endorsed the push in a letter to Democratic colleagues.
House Minority Leader Hakeem Jeffries , who has previously characterized the move as a last-ditch effort to avoid a catastrophic default, endorsed the petition in a letter to Democratic colleagues on Wednesday even as he expressed hope that “a real pathway” still exists for a bipartisan solution.
“It is important that all legislative options be pursued in the event that no agreement is reached,” Jeffries wrote.5 reasons McCarthy should feel good about his negotiating position To force a floor vote on a “clean” bill raising the debt limit, the petition would require 218 signatures. Democrats would need at least five Republicans to buck their party leadership, assuming all Democrats in the chamber back the effort, which is not a given.Even if Democrats were to succeed in the House, it’s unclear whether a clean bill would advance in the Senate. Republicans there have signaled that they back House Speaker Kevin McCarthy in his move to force spending cuts.
The petition effort follows a White House meeting on Tuesday between President Biden and congressional leaders. Both Biden and McCarthy expressed hope that an agreement could be reached ahead of a June 1 deadline to raise the nation’s borrowing limit though major differences remain between the two sides before a deal can be struck.
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