Schumer Says Deal Reached on Short-Term Debt-Limit Extension

WASHINGTON—Senate Majority Leader Chuck Schumer said that Democrats and Republicans hadto extend the debt ceiling through early December and that the Senate could pass the measure as soon as later Thursday, putting off a possible government default for several months.

“It’s our hope that we can get this done as soon as today,” said the New York Democrat in a brief statement on the Senate floor.

Until we do this partisan bullshit all over again in December…

perpetuating myth that refusal to raise debt ceiling would result in default. A Democrat scare hoax. Propaganda.

No news, every year they go through this.

US debt circus. Business as usual. Nothing new.

Well, sure hope that they deal with the super conductor in tx & innocent boys dieing, & Trajecting ppl, after turning em into babies issue. I just had to hear & feel babies get their heads bashed in the Apt above me. SURREAL but 100% true& I'm sick of it

The big Republican LIE: Tax cuts on the rich will trickle down. 40+ years of Republican tax cuts have caused a wealth increase of 8.7% among the top 1% and 8.7% loss among the 99%. 8.7% = $11.26 Trillion. Biden wants $3.5 Trillion for the 99%. Tax the 1%. Source: Federal Rsv.

For two months, then we repeat this whole charade all over again. That isn’t the “art of negotiating”, btw…

Schumer was told 2 months ago that Reps would not vote for raising the debt ceiling and the Dems needed to use Senate procedure to get it through. The procedures take a few months to do. Now Reps extend 2 months for the Dems to try to get their act together and pass the bill.

One difficulty is gone, but another one is coming.

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.

Senate Democrats plan Wednesday vote on debt limit, but Republicans set to block againThe Senate is poised to vote on ending debate on a House-passed bill that would suspend the federal borrowing limit, even as Republican senators were expected to put up another roadblock.
Source: MarketWatch - 🏆 3. / 97 Read more »

U.S. Senate Democrats, Republicans haggle over short-term debt fixU.S. Senate Democrats and Republicans sought to reach an agreement on Thursday to avert a debt crisis, after Democrats showed openness to a Republican offer to allow an extension of the federal debt ceiling into December.
Source: Reuters - 🏆 2. / 97 Read more »

U.S. Senate Democrats plan debt-limit vote after Biden hints filibuster could goSenate Democrats are set to try again on Wednesday to extend the U.S. government's borrowing authority to head off a catastrophic default, after President Joe Biden suggested they could change the chamber's rules to bypass a Republican roadblock. NO MANDATE from the American people for this Socialism. NONE!! How did our Centrist nation fall under the spell of an ultra-Left group that admires Communist regimes like Cuba, loathes Israel – the only democracy in the Middle East and one that does not pay terrorists to kill their enemies – and wants to bring cradle-to-grave welfare here Biden and his Team plus Democrats and the Left's poor policies have created crisis after crisis: BIDEN FAILING AMERICA -Covid Failure -Jobs crisis -Energy Crisis -Inflation Crisis -Border Crisis -Afghanistan Crisis -Confidence crisis -Iran Screw up What's next?
Source: Reuters - 🏆 2. / 97 Read more »