Senate Minority Leader Mitch McConnell on Wednesday said his party would support an extension of the federal debt ceiling into December, a move that would head off a historic default with a heavy economic toll.
GOP debt limit stonewalling 'disgraceful' -Biden
REPORTER: "Can you guarantee that the U.S. will not breach the debt ceiling, that that will not happen?"BIDEN: "No, I can't."President Joe Biden on Monday said he couldn't guarantee that the U.S. won't breach its debt limit unless Republicans join Democrats in voting to raise it...BIDEN: "That's up to Mitch McConnell."...
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Senate GOP leader McConnell may offer short-term debt ceiling extension following pressure from BidenPresident Joe Biden and Democratic leaders in Congress amped up pressure on Republicans to act on the debt limit.
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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.
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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.
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Democrats Must Raise the Debt Limit to a Quadrillion DollarsInstead of trying to win a staring contest with Mitch McConnell, Democrats should use reconciliation to (effectively) abolish the debt ceiling.
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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:
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Congress faces 3 major economic deadlines before the year ends: Debt limit, infrastructure and government fundingLawmakers aim to raise the debt ceiling and pass both pieces of Biden's economic agenda this month, then avoid a shutdown by December.
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