Several GOP lawmakers said that pushing back the deadline will only shift negotiations into the future because Washington is known for addressing these crises at the last minute.
"We’ve been kicking the can down the road for four and a half years since I’ve been here," said Sen. Mike Braun, R-Ind."We need to at least agree to something without delaying it." Senate Democratic leaders are keen on sticking to the White House's demand to pass a clean debt ceiling increase.
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.
Senate Republicans refrain from stepping on McCarthy’s toes amid debt limit battleRepublicans in the Senate have shown very little inclination to get involved in the debt ceiling deadlock that is threatening to unleash fiscal havoc on the country.
Source: dcexaminer - 🏆 6. / 94 Read more »
Treasury says U.S. will hit the debt limit 'as early as June 1,' sooner than expectedTreasury Secretary Janet Yellen told Congress the deadline 'could be a number of weeks later.' The narrowing window puts new pressure on lawmakers.
Source: NBCNews - 🏆 10. / 86 Read more »
House Republicans accuse Dems of ‘shamelessly lying’ about veterans’ benefits under debt-limit billHouse Republicans say President Biden and Democrats are lying about cuts to services for veterans under legislation recently passed in the chamber to raise the debt ceiling and avoid default on the national debt.
Source: WashTimes - 🏆 235. / 63 Read more »
Senate to hold hearings to highlight ‘reckless’ House GOP debt limit billThe aim of the hearings on the House's debt ceiling bill would be “to expose the true impact of this reckless legislation on everyday Americans,” the Senate majority leader said.
Source: washingtonpost - 🏆 95. / 72 Read more »