reporters after a weekly GOP policy meeting, at the Capitol in Washington on September 21, 2021. Senate Majority Leader Chuck Schumer had sought unanimous consent to change the vote threshold to raise the debt ceiling from 60 votes to a simple majority, but Minority Leader Mitch McConnell objected.
As it stands, all Democrats and 10 Republicans in the Senate would have to agree on raising the debt ceiling or run the risk of having the country default on debt payments, which Treasury Secretary Janet Yellen says would happen around October 18. McConnell opposes raising the debt ceiling, which could pave the way to expand government spending as Democrats move forward with a $3.5 trillion budget package.
Democrats say they want bipartisan support for raising the debt ceiling, since it’s been pushed up by increased spending by both parties over the past several years. Republicans, who suspended the debt ceiling under President Donald Trump, claim it is the Democrats’ responsibility to raise the cap since the party controls both chambers of Congress and the White House.“There is no chance—no chance— the Republican conference will go out of our way to help Democrats conserve their time and energy so they can resume ramming through partisan socialism as fast as possible,” McConnell said.
Both parties, and their outrageous spending throughout the years, have already destroyed our long-term financial security.
Good job
I can't believe he actually shit his pants..
By 'block', I'm assuming that means make a threat to fillibuster? Instead of saying it's ' blocked', perhaps Schumer should call their bluff & make them go ahead w/ a REAL (reading from the dictionary at 3 AM & shutting down the Senate floor) type fillibuster for once...
This happened days ago.
Does anyone on this planet love Mitch? Hard to imagine, but maybe his cat?
I mean. Of course they're trying to wreck shit. Look at him. He HAS to me miserable. He's a turtle human
Maybe they should all look into why they can’t get their s*** together and control their spending. Then maybe this wouldn’t be an issue.
Traitor turtle
I entrusted Investor_Teri with my money since I took rush of investing my money with he platform, and since then I've recovered all I lost to scams. Get in touch with Investor_Teri and get a good mentorship and safe trading.
Omg Republicans actually did something!!! About time!
This tortoise is still at it!!
Vote OUT Republicans -
Time for the gray hairs to go .
Ffs 🤦♂️
Then the 'officials' (who are they, exactly?) should have taken action on Dubya's admin before they 'lost' $3T. Or before Trump spent trillions foolishly and milked off the top...🙄
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooNews - 🏆 380. / 59 Read more »
Source: TheEconomist - 🏆 6. / 92 Read more »
Source: Forbes - 🏆 394. / 53 Read more »
Source: YahooNews - 🏆 380. / 59 Read more »
Source: Newsweek - 🏆 468. / 52 Read more »
Source: washingtonpost - 🏆 95. / 72 Read more »