Senate Democrats voted Thursday evening to raise the debt limit until December 3, when Republicans backed down and struck a deal to allow the vote to go ahead.
Senate Majority Leader Chuck Schumer criticized Senate Minority Leader Mitch McConnell and Republicans for playing political bigotry and risking default on the nation’s credit.
“The solution is for Republicans to either join us in raising the debt limit or stay out of the way and let the Democrats address the debt limit themselves,” Mr. Schumer said ahead of the Senate’s imposition of cloister and a final vote.
Mr McConnell and ten other Republicans voted to call for Clutter to allow the expansion, as they previously said Republicans would not help Democrats raise the debt limit. Later, the Senate passed Bills 50–48.
Last week, Republicans enacted legislation to raise the debt limit and keep the government open.
Sen. Lindsey Graham condemned the fact that the budget reconciliation process had not been used, which would have allowed Democrats to vote to raise the debt limit without a single Republican vote, with Vice President Kamala Harris acting as the tiebreaker. Were.
“We’re not going to be part of making it easier for you to spend all this money,” Graham said on the Senate floor, noting that he didn’t mistake other Republicans who voted yes.
Sen. Ted Cruz criticized Republicans for backing out of their initial plan to not keep a single member of their caucus vote to raise the debt limit.
“And then, unfortunately, yesterday, Republicans blinked,” he said. The Texas Republican said Republicans backtracked as President Joe Biden and Democrats expressed openness to get rid of the filibuster. Mr Biden said this was a “real possibility” late Monday, although other Democrats such as Sen. Joe Manchin of West Virginia oppose changing it.
“I don’t know if that threat was real,” Mr Cruz said. “But I understand why the Republican leadership blinked.”
Former President Donald Trump issued a statement before calling on Republicans to oppose the bill.
“Vote not to push this terrible deal by folding Republican Senator, Mitch McConnell,” Trump sid. “Stand strong for our country. The American people are with you!”
Treasury Secretary Janet Yellen previously warned of going into default on October 18.
Credit: www.independent.co.uk /