WASHINGTON—Senate Democrats faced more pressure to map a new path forward on raising the debt ceiling, with Republicans expected to block another vote Wednesday ahead of a potential default on U.S. financial obligations later this month.
Senate Majority Leader Chuck Schumer is trying for the third time in two weeks to get around Republican opposition in the 50-50 chamber to pass a straightforward increase in the borrowing limit. Last week, he tried and failed in two Senate votes to clear the 60-vote hurdle standing in the way of lifting the cap on U.S. debt, currently at about $28.5 trillion.
Stop minimizing the anti-government GOP’s efforts to destroy partisanship. They’re a failed, money raising, corruption enabling party.
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Parties play with political fire around debt ceiling: The NoteRepublicans see this moment as an opportunity to do what they can to stifle the Democrats’ agenda, rickklein writes. That may leave Democrats with only one real option: rickklein Modify the Filibuster. Raise the debt limit. The sanctity of the Filibuster is nothing compared to the financial stability of our economy
Source: ABC - 🏆 471. / 51 Read more »
Biden accuses Republicans of 'Russian roulette' on debt limitThe White House is looking to reset the messaging this week around its multi-trillion dollar spending bills deadlocked in Congress, as President Joe Biden hits the road to pitch popular elements of the package. That is the face of a President that is seeking to destroy the greatest democracy conceived by the Founding Fathers! Be aware, if you voted for Joe Biden, you will be one of the misguided people that helped to destroy this great nation, OMG! I'm glad he's calling the GOP. They spend us into oblivion and now they don't want to pay the bills they aquired. Fellow Americans: If you belong to a Party that attacked us on Jan 6th and is now trying to not raise the debt limit after the Covid costed us so much. In hope of crashing the stock market and destroying America, all I ask is Why? Gregory St. James Mundy (author of I LOVE GOD)
Source: YahooNews - 🏆 380. / 59 Read more »
Effort to raise debt limit resets after Senate GOP blocks weeks from defaultHouse Democrats are continuing efforts to raise the debt ceiling in order to avoid the U.S. from defaulting on the national debt. Trump & Trumplicans' aim is to sow the seed of doubt in people's minds so that they slowly begin to distrust almost everything & thru the distrust slowly create a state of chaos & confusion to divert the people's attention away from their intention to tear America apart. When Trump & his supporters only listen to the lies they tell themselves & one another & the lies are the ties that bind them then 'hitting bottom' & only then will they open their eyes to the lies they have told themselves & to others. Lies are their cunning baffling addiction. Strip away Trump's Talibanization of America!
Source: Newsweek - 🏆 468. / 52 Read more »
After blocking debt ceiling push, McConnell blames DemocratsFormer Democratic senator Al Franken discusses the current fight on Capitol Hill over the debt limit and the the state of the Democratic party still divided over Pres. Biden's agenda. MoscowMitch was fine giving away trillions of dollars to the ultra rich, but now that it's time to pay the bill, he won't. Do the rest of us get a free pass on not paying our mortgage, student loans, utilities, credit card debt...?😒 Democrats should not raise the debt ceiling unless republicans help. Everyone will suffer, but the rich's stocks will crash and they do not want to lose a dime. I will suffer, but they will lose more, they don't want to pay taxes and scam everyone. So they will be the big losers.
Source: MSNBC - 🏆 469. / 51 Read more »
Biden says Republican stonewalling on debt ceiling risks U.S. defaultWASHINGTON (Reuters) -President Joe Biden said on Monday the federal government could breach its $28.4 trillion debt limit in a historic default unless Republicans join Democrats in voting to raise it in the two next weeks. Senate Republicans, led by Minority Leader Mitch McConnell, have twice in recent weeks blocked action to raise the debt ceiling https://www.reuters.com/world/us/congress-confronts-us-debt-ceiling-drama-again-2021-09-22, saying they do want action but will not help by voting for the move. Republicans say Democrats can use a parliamentary maneuver known as budget reconciliation to act alone. As compared to reckless irresponsible spending dc is known for by both parties! Fellow Americans: If you belong to a Party that attacked us on Jan 6th and is now trying to not raise the debt limit after the Covid costed us so much. In hope of crashing the stock market and destroying America, all I ask is Why? Gregory St. James Mundy (author of I LOVE GOD)
Source: YahooNews - 🏆 380. / 59 Read more »
Schumer forces debt limit vote to squeeze Republican resistanceChuck Schumer said Monday that he’ll tee up another vote on waiving the debt limit, attempting to shame Republicans for blocking action as the country nears the brink of default Who is this strategy for? What fraction of the country will ever even hear about this vote? If the Senate wasn't so self important, maybe they could get something done or make plans that make sense. Oh Schumer they are shameless, it won't work. They can’t be shamed. It also doesn’t help that the media doesn’t holding McConnell accountable.
Source: politico - 🏆 381. / 59 Read more »