Democrats can reportedly pass a debt limit reconciliation package within two weeks to avert defaulting on the U.S. debt on October 18, but Sen. Chuck Schumer (D-NY) has objected to the process.
The debt ceiling is required by the U.S. Constitution. Even if it were not, it would still be a prudent policy.
MSNBC “Morning Joe” host Joe Scarborough on Thursday took issue with Republicans for refusing to vote to raise the debt ceiling.
Senate Majority Leader Chuck Schumer (D-NY) told reporters Wednesday the Senate “cannot” use reconciliation to raise the debt ceiling.
Democrat Sen. Dick Durbin (D-IL) demanded Republicans cancel the filibuster so the Democrats can continue to put the American taxpayer further into debt.
House Speaker Nancy Pelosi (D-CA) has reportedly told the House Democrat caucus she will put forward a bill to fund the government to avoid a shutdown.
Senate Republicans blocked a government spending and debt ceiling bill Monday, setting up a dramatic showdown between Republicans and Democrats on whether Congress should raise the debt ceiling while Democrats plan to spend trillions on infrastructure and social spending.
Democrats on Thursday are panicking over the impending debt default and shutdown of the federal government with no backup plan in sight.
The U.S. House passed legislation on Tuesday that will prevent a government shutdown and suspend the debt limit beyond the month.
Democrats plan to pack a provision raising the debt ceiling in the government funding bill, setting up a clash with congressional Republicans.
Senate Minority Leader Mitch McConnell (R-KY) said Tuesday he is not “bluffing” on Senate Republicans’ stand on the debt ceiling.
President Joe Biden hopes to stuff the government funding bill with leftist “anomalies” as lawmakers continue to negotiate a way to keep the government running.
Congressional Democrats omitted raising the debt ceiling instructions in the $3.5 trillion infrastructure package, risking a showdown with Republicans over the debt limit in September.
Senate Democrats complained Wednesday that Senate Republicans are holding the economy and the debt limit “hostage.”
The debt ceiling was suspended for two years in July of 2019. If Congress doesn’t raise it or suspend it, the CBO estimates that the government will run out of money to pay its bills in October or November.
Senate Minority Leader Mitch McConnell (R-KY) said Tuesday Republicans will not support raising the debt ceiling, a move that could grind Democrats’ infrastructure push to a halt.
On Saturday’s broadcast of “Fox News Live,” Sen. Bill Hagerty (R-TN) argued “we need to begin to bend the curve back” on spending and that he believes conservatives in Congress will take “a very strong stand” on raising the debt
President Donald Trump signed Friday the massive two-year budget agreement rushed through Congress before their August vacation, according to the White House.
True fiscal conservatives say it’s irresponsible to raise the debt ceiling without any reform of our profligate spending.
Instead of relying on spending caps and automatic cuts, Republicans will have to convince Americans to shrink government.
The fractured House Democrat Conference amid a burgeoning fight between House Speaker Nancy Pelosi and her Democrats’ left flank led by Rep. Alexandria Ocasio-Cortez (D-NY), along with disagreements between some Senate Republicans and the Trump administration, threaten to complicate upcoming spending and debt ceiling negotiations between Congress and the White House.
Congressional leaders will meet Tuesday to discuss raising the budget caps and the federal debt ceiling, according to a report.
Will the Democrat-controlled House be willing to give Trump a clean debt ceiling raise or are we in for another showdown?
President Trump’s decision to side with Democrats to make a deal on the debt ceiling was reportedly made due to Trump’s desire to be loved
The House passed on Friday 316-90, legislation that would raise the debt ceiling and fund the federal government until December while giving victims of Hurricane Harvey $15 billion in relief.
How ironic that the great “disruptor” of our political system is turning out to be the leader who is restoring it — and, soon, public faith in it.
Breitbart News Senior Editor-at-Large Peter Schweizer joined SiriusXM host Alex Marlow on Thursday’s Breitbart News Daily to talk about Hurricane Irma’s threat to Florida, Ivanka Trump’s extraordinary access to White House meetings, President Trump’s debt ceiling deal with Democrat leaders, and DACA repeal.
Trump enters future negotiations with more leverage over the “spoilers” in the GOP, and with Democrat leaders having declared that he is a reasonable person who can be dealt with, not a crazy dictator who must be removed.
By showing he can deal with Pelosi and Schumer, Trump may have found the one way of making Republicans unite.
Treasury Secretary Steven Mnuchin argued on Fox News Sunday for a “clean” hike in the debt limit. Mnuchin also pushed a strategy of attaching the debt limit as an amendment to a bill to provide $7.9 billion in temporary relief to victims of Hurricane Harvey.
Even if the House passes a clean Harvey relief bill the Senate could return it with debt ceiling increase attached
As the swamp establishment in Washington plans to move on legislation that would provide funding relief to the Gulf Coast—particularly Houston—in the wake of Hurricane Harvey by linking it to a debt ceiling increase of $2 trillion, conservatives inside and outside of Congress are launching efforts to expose and thwart the plan.
Meadows tells Breitbart News that the future of the Republican Party is at stake as Congress reconvenes in September
Congress will face a daunting legislative session when it returns from August recess, including funding for the government and the wall
The federal judge presiding over the public corruption trial of Senator Robert Menendez and co-defendant Dr. Salomon Melgen ruled on Tuesday that the trial, scheduled to begin on September 6, will not be put on hold to allow Menendez to return to Washington, D.C. to cast his vote in the Senate.
President Donald Trump criticized Republican Senate Majority Leader Mitch McConnell and House Speaker Paul Ryan as Congress faces another round of debt ceiling politics.
High stakes battles on nearly every facet of American government and President Donald J. Trump’s agenda come to a head in September, from the debt ceiling to government funding bills to healthcare and tax reform.
Senate Majority Leader Mitch McConnell says there is “zero chance” Congress will allow the country to default on its debts by voting to not increase the borrowing limit.
Treasury Secretary Steve Mnuchin is urging Congress to raise the U.S. debt ceiling “at the first opportunity.”
Contents: Champagne corks pop as a ‘Trump rally’ sends Wall Street stocks parabolic; End of debt ceiling suspension on March 15 signals new Washington fiscal crisis; The velocity of money keeps plummeting, indicating no economic growth
