Democrats link spending bill with increasing debt ceiling, putting pressure on GOP

“What Republicans are doing is nothing less than a dinner-and-dash of historic proportions,” Mr. Schumer said in a speech Monday. “It’s ...


“What Republicans are doing is nothing less than a dinner-and-dash of historic proportions,” Mr. Schumer said in a speech Monday. “It’s not just another partisan fight. This is to avoid the crisis that would cancel all the progress made by our country to heal itself from the Covid crisis. “

At least one Republican, Senator John Kennedy of Louisiana, said Monday he was inclined to support the measure because of the disaster assistance.

“I will probably vote yes, but it will not pass because there will not be 10 Republican votes,” he said. “But for disaster relief, no, oh no, I wouldn’t vote for that. It is a manufactured crisis.

Failure to pass the law could spell disaster, just 10 days before government funding expires. If lawmakers do not approve an increase in the debt limit in the coming weeks, the government could default on its debt for the first time. That, in turn, could trigger a financial crisis, or at least a crisis of confidence in the solvency and governance of the United States.

Republicans argue Democrats can lift the debt limit on their own, given that they can essentially reopen the budget plan they use to push through Mr. Biden’s $ 3.5 trillion economic package. But by adding a increase in the debt ceiling would be a difficult and politically heavy task, and Democrats rejected the suggestion.

“Personally, I would like to see a frank vote on a debt ceiling so Republicans actually have to vote on that vote only and not mix it up with a fundraising measure,” said Rep. John Yarmuth of Kentucky, Speaker of the House. Budget Committee, speaking on “Fox News Sunday”. “But at the end of the day, the most important thing is to do them both.”

Even as they demand the Republicans’ cooperation, Democratic leaders have signaled for weeks that they are unwilling to offer concessions in return for their votes on an increase in the debt ceiling. Lawmakers were also still negotiating details of aid to Afghan refugees and natural disasters, as well as an extension of a number of programs that will expire at the end of the fiscal year on September 30.

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Newsrust - US Top News: Democrats link spending bill with increasing debt ceiling, putting pressure on GOP
Democrats link spending bill with increasing debt ceiling, putting pressure on GOP
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