Democrats take action to avoid budget crisis, separating debt and spending bills

WASHINGTON – Democrats in Congress decided on Wednesday to avoid a looming budget crisis, scheduling a House vote to raise the debt ceil...

WASHINGTON – Democrats in Congress decided on Wednesday to avoid a looming budget crisis, scheduling a House vote to raise the debt ceiling and preparing a separate spending bill to avoid a looming government shutdown Thursday in midnight.

The Senate could vote as early as Wednesday on the spending bill, which is needed to avoid a disruption in government funding when the fiscal year ends Thursday and also includes emergency disaster assistance. Republicans were expected to back him, after Democrats removed a debt limit increase that the GOP had refused to support.

This left uncertain the fate of the law to raise the legal limit on federal borrowing, which is on track to be raped by October 18 if Congress does not increase it. House Democrats appear to have the votes to pass their bill, which would raise the ceiling until Dec.16, 2022, but Senate Republicans have blocked efforts to advance such legislation in their chamber, where 60 votes are needed to move most measurements.

Yet Wednesday’s action appeared to set the stage for the most immediate hurdle Congress faced, as Democratic leaders scrambled to resolve party divisions that threaten to derail the agenda. National Council of President Biden.

“With so many critical issues to be resolved, the last thing the American people need right now is a government shutdown,” Majority Leader Senator Chuck Schumer of New York told the Senate. Lawmakers were privately working out the details in order to quickly approve the measure and gain extra time to approve the dozen annual spending bills.

The legislative band-aid came as Democratic leaders scrambled to unite their party behind two critical priorities ahead of a vote scheduled for Thursday on a two-party $ 1 trillion infrastructure plan. The Liberals threatened to block that vote until the rest of Mr. Biden’s ambitions, wrapped in a $ 3.5 trillion budget and tax bill, clear both houses.

The Democratic leaders’ decision to schedule a separate vote to raise the borrowing limit came after Senate Republicans hesitated to do so as part of the interim spending bill, effectively halting both measures in their tracks. It has angered some moderate and conservative lawmakers within their ranks who are cold about taking a politically difficult vote to approve more federal debt on a bill that is almost certain to stall in the Senate amid the crisis. republican opposition.

“We have a responsibility to defend, to uplift the full confidence and credit of the United States of America – this is what we have to do,” President Nancy Pelosi of California told reporters as she left. a meeting with its main deputies. She pointed out that lawmakers had already voted to raise the debt ceiling, when the House passed the spending bill. Last week.

“If they’re concerned about how it might be in an ad, it’s already in an ad,” she said.

With Democrats using the fast-track budget reconciliation process to push through Mr. Biden’s sweeping social policy and tax cut bill, Senate Republicans argued they should use that same process to unilaterally settle the issue. debt ceiling. Democrats have repeatedly rejected the suggestion, arguing that it takes too long and risks leading the federal government to its very first default.

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Newsrust - US Top News: Democrats take action to avoid budget crisis, separating debt and spending bills
Democrats take action to avoid budget crisis, separating debt and spending bills
Newsrust - US Top News
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