McConnell says he won't help Democrats raise debt limit again

United States News News

McConnell says he won't help Democrats raise debt limit again
United States Latest News,United States Headlines
  • 📰 latimes
  • ⏱ Reading Time:
  • 73 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 82%

Senate Minority Leader Mitch McConnell says he will not again help Democrats extend the government’s borrowing authority

Senate Minority Leader Mitch McConnell said Friday he would not again help Democrats extend the government’s borrowing authority, raising fresh doubts about how Congress will avert a federal default when a temporary patch expires in December.Senate approved a $480 billion boost in the federal debt limit

McConnell said Friday that he made his decision to refuse future help because of his opposition to the huge domestic bill and because of a “bizarre spectacle” on the Senate floor by Majority Leader Chuck Schumer . After the bill passed, Schumer criticized Republicans for trying to push the country over “the cliff’s edge” by opposing the debt limit extension.

At least two Democratic senators, West Virginia’s Joe Manchin and Arizona’s Kyrsten Sinema, have said they oppose doing that, effectively thwarting that option. Republicans said one factor in providing Democrats the two-month lifeline was fear that Manchin and Sinema might decide to support ending filibusters for debt limit legislation.

McConnell added: “This childish behavior only further alienated the Republican members who helped facilitate this short-term patch. It has poisoned the well even further.”Since summer, McConnell repeatedly said Republicans would not assist Democrats in pushing a debt ceiling extension through the Senate by helping them reach the 60 votes needed for most legislation. He cited Democrats’ proposed 10-year, $3.5 trillion social, economic and tax measure, which Republicans unanimously oppose.

Democrats say they won’t use that process, which they call too cumbersome. But it would also require them to raise the debt limit by a specific dollar amount that, they fear, Republicans will make a staple of campaign ads attacking them.

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:

latimes /  🏆 11. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

McConnell tells Biden he won't cooperate with Democrats to raise debt ceiling againMcConnell tells Biden he won't cooperate with Democrats to raise debt ceiling againSenate Republican leader Mitch McConnell on Friday warned President Joe Biden he should not expect cooperation on raising the debt ceiling again, a day after he voted with Democrats to overcome a procedural hurdle and make way for a temporary extension of the limit through early December.
Read more »

Senate votes to raise debt limit after 11 Republicans join Democrats to break filibusterSenate votes to raise debt limit after 11 Republicans join Democrats to break filibusterSenate leaders announced on Thursday that Democrats and Republicans have reached a short-term deal through Dec. 3 to avert the U.S. defaulting on its debt.
Read more »

Republican Revolt Against McConnell Debt-Limit Deal FizzlesRepublican Revolt Against McConnell Debt-Limit Deal FizzlesAssuming nothing crazy happens in the House, the manufactured crisis over the debt limit has been postponed until early December
Read more »

Nobody likes debt limit deal except McConnell and SchumerNobody likes debt limit deal except McConnell and SchumerThe leaders of the Senate were happy Thursday with their deal to avoid a debt default. They were about the only ones.Why it matters: The Band-Aid does nothing to solve the debt ceiling problem long term for Americans. Democrats fear it only kicks the can down the road to a very busy December. Republicans, meanwhile, are mad their party blinked.Get market news worthy of your time with Axios Markets. Subscribe for free.“Why the hell would I make it easier for them to raise the debt ceiling through
Read more »



Render Time: 2025-02-25 17:31:02