Senate GOP blocks Democratic bill to fund government, raise debt ceiling

Contact Your Elected Officials
Fox News

Senate Republicans said that they would not support Democratic efforts to raise the debt ceiling

Senate Republicans blocked a Democrat-backed bill to fund the government and raise the debt ceiling on Monday in a move that will leave Democratic leaders with just a few days to avert a government shutdown and potential default on U.S. debt obligations.

The stopgap bill, which would have funded the government through Dec. 3, suspended the debt limit and directed funds for hurricane relief, fell short of the 60-vote threshold required to overcome the Republican filibuster. Government funding expires at midnight on Thursday.

Senate Republicans indicated ahead of the vote that they would not support Democratic efforts to raise the debt ceiling. Senate Majority Leader Chuck Schumer, D-N.Y., preemptively took aim at his Republican colleagues in a floor speech prior to the vote.

“If Republicans follow through on their plans to vote ‘no,’ they will be on record deliberately sabotaging our country’s ability to pay the bills and likely causing the first-ever default in American history,” Schumer said.

The vote kicked off a hectic week on Capitol Hill, where lawmakers are also set to vote on President Biden’s sweeping $3.5 trillion budget reconciliation package. Senate Republicans have argued that any effort to raise the borrowing limit would clear the way for Democrats to enact costly proposals that will add to the national debt. Schumer sought to pressure Republicans into dropping their opposition by tying the debt limit issue to the vote on government funding.

Democratic leaders have yet to indicate how they will proceed following the failed vote. Senate Democrats could introduce a standalone bill addressing government funding and hurricane relief while postponing consideration of the debt limit. Language addressing the debt limit could also be included in the budget reconciliation package.

The Treasury has warned it will run out of money by as soon as next month, raising the possibility that the U.S. could default on upcoming payments. Treasury Secretary Janet Yellin has warned a failure to raise the debt ceiling would have disastrous consequences that could plunge the country into another recession and destabilize global markets.

Prior to the vote, Senate Minority Leader Mitch McConnell, R-Ky., had pushed for the chamber to strip the debt ceiling provision out of the legislation and vote solely on government funding and hurricane relief. Democratic lawmakers blocked that initiative.  

Sen. John Kennedy, R-La., ripped Schumer’s handling of the situation in a floor speech.

“Sen. McConnell’s legislation does everything except one thing, increasing the debt ceiling, that Sen. Schumer can do in a matter of days on his own. Why are we fighting over this? Nature abhors a moron. It is moronic for us to be having this fight when it can be so easily solved.”

By Thomas Barrabi

Read Original Article on FoxNews.com

The Thinking Conservative
The Thinking Conservativehttps://www.thethinkingconservative.com/
The goal of THE THINKING CONSERVATIVE is to help us educate ourselves on conservative topics of importance to our freedom and our pursuit of happiness. We do this by sharing conservative opinions on all kinds of subjects, from all types of people, and all kinds of media, in a way that will challenge our perceptions and help us to make educated choices.

Trump’s Middle East Trip Led to Historic Breakthroughs

Trump’s bold, unconventional strategy helped end the Israel-Hamas war and set the stage for a more stable, prosperous Middle East.

Pretending Really Hard

The world is real and so are its problems, too. Reality is the enemy of liberals, even though they are pretending, really hard, that it is not.

Trump 2.0’s Eurasian Balancing Act Has Failed

Trump's Eurasian balancing act has failed due to his arrogant and aggressive approach towards all three countries.

Should Palestinian clans rebelling against Hamas be given Gaza?

Hamas’s October 7 attack exposed its violent ideology, showing cruelty toward its enemies and also against the Palestinian people it claims to defend.

Democrats are Losing by Pushing Their Dirty CR Bill

Talk is going around about the “Democrats Dirty CR” and the “Republicans Clean CR”.

Federal Judge Temporarily Blocks Trump Admin’s Shutdown-Related Layoffs

A federal judge on Oct. 15 temporarily blocked President Donald Trump’s plan to lay off certain federal employees during the government shutdown. 

Massachusetts Rep. Moulton Launches Primary Challenge Against Sen. Markey

U.S. Rep. Seth Moulton announced he will challenge Sen. Edward Markey for the Democratic nomination in Massachusetts’ Senate race next year.

Musk’s Legal Battle Over $56 Billion Tesla Compensation Enters Final Showdown

Elon Musk’s attorneys appealed to the Delaware Supreme Court on Oct. 15 to reinstate his $56 billion Tesla pay package.

US Seizes $15 Billion in Bitcoin From Leader of Southeast Asian Online Scam Network

Federal authorities seized $15B in bitcoin from Chen Zhi, a Chinese-Cambodian kingpin accused of running a massive scam linked to human trafficking.

Trump Names Longtime Adviser Dan Scavino to Key Personnel Position

One of President Trump’s longtime advisers, Dan Scavino, is going to be in charge of selecting and appointing key positions within the executive branch.

First Lady’s Effort Helped Reunite 8 War-Displaced Children With Their Families

First lady Melania Trump said 8 children impacted by the fighting between Ukraine and Russia were reunited with their families on Oct. 9.

Trump to Impose New 100 Percent Tariff on China on Nov. 1

President Trump said that the US will impose an additional 100 percent tariffs on Chinese goods and export controls on critical software starting on Nov. 1.

Trump Admin Agrees to $20 Billion Rescue Plan for Argentina

The U.S. government has finalized a $20 billion economic rescue plan for Argentina, Treasury Secretary Scott Bessent announced on Oct. 9.
spot_img

Related Articles

Popular Categories

MAGA Business Central