The stopgap offer from McConnell would take some pressure off both parties to reach a compromise by Oct. 18, when the Treasury Department estimates the U.S. will exhaust its emergency efforts to pay the government's bills.
Republicans and Democrats have clashed in recent weeks over how best to raise or suspend the federal borrowing limit and it was not immediately clear if House Speaker Nancy Pelosi, D-Calif., or Senate Majority Leader Chuck Schumer, D-N.Y., would be open to McConnell's potential plan.
His offshore bank called and said the funds were placed in his account. Now let’s kick that can down the road for another year.
The pressure is that we CANNOT default, & everyone would suffer regardless of party if we do not raise it, lose-lose
This guy was in the sequel to Silence of Lambs “Hannibal” and they ate his face!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden, McConnell remain at ddds over extending debt ceiling as possible default looms'They [Republicans] need to stop playing Russian roulette with the U.S. economy....If you don't want to help save the country, get out of the way,' Biden said. Biden has maybe 5, 10 years left of life. He won’t have to live with the repercussions of his insane spending plans and the resulting inflation. Get out of the way, old man, before you render all the dreams and work of middle class Americans obsolete.
Source: Newsweek - 🏆 468. / 52 Read more »
Biden plots debt ceiling blitz to focus the blame on McConnellAfter months of playing it cool on the debt ceiling, the White House has quickly begun to turn the screws on Republicans in an attempt to shift blame for the financial brinkmanship squarely onto Senate Minority Leader Mitch McConnell 😂😂😂😂😂😂😂😂😂 McConnell literally said it was him. Doh Who runs DC right now?
Source: politico - 🏆 381. / 59 Read more »
Biden broaches nuclear option in standoff with McConnellJoe Biden indicated today that he was warming to a Democratic proposal to blow up the rules of the Senate to raise or suspend the debt ceiling, amid fears that a breach would send the U.S. government into default and the whole economy into a tailspin KissTheEarth Republicans play games with the American society like a child that pushes their parent to the brink and then when the parent has had ENOUGH, the little brat starts crying and asks, 'Why is Mommy and Daddy so mad at me?' Very likely the only thing that would work at this point. “Maybe corporate lobbyists can urge Senator Manchin to change his mind on it, if the rest of us can’t,” Street-wise journalism headlines: As Republicans get increasingly cornered to be blamed for a shut-down, Dems have called their bluff and refused reconciliation. President Biden tightened the screws hinting at a filibuster carve out, which Republicans dread more than caving in.
Source: politico - 🏆 381. / 59 Read more »