Senate GOP blocks Democratic bill to fund government, raise debt ceiling
Category: News & Politics
Via: vic-eldred • 3 years ago • 35 commentsBy: Thomas Barrabi (Fox Business)
S E E D E D C O N T E N T
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."
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Democrats will have to raise the debt ceiling on their own. As for the now connected "infrastructure" spending bills, House leaders are due to meet with Senate leaders to try and come up with a compromise. Little is know about what's in the democrat wish list of progressive projects, but it is believed that Pelosi has gone from twisting arms to breaking them. Inch by inch she is getting there.
Is it any wonder that the once Grand Old Party of Abraham Lincoln is now known merely as the gop?
As many annoying times as you have posted it, this time I don't mind.
Dems voted to raise or suspend the debt ceiling three times during the Trump Admin,
but Bitch McConnell thinks politics is like a national sport.
He's a national disgrace, thanks Kentucky.
I am not annoying, butt you are...
The Dems want to "go it alone on everything else" and pretend they don't have a very slim House majority and evenly divided Senate; then they can go it alone on raising the debt ceiling.
The Dems fucked the Republican senators over when they sent their 3.5 trillion dollar porkulus reconciliation bill to the House; after the Senate Republicans went along with a bipartisan infrastructure bill that already has way too much waste in it.
Schumer can consider this pay back. If the Democrats want their massive amount of pork then they are going to have to include lifting the debt ceiling with it.
I agree with you on everything but the remark about jbb.
Well, the Dems/Libs hafta have the limit increased. How else can they then say - but, wait - we got room in the $3.5T + $1.3T proposed budget bills for all our pork bellied wants?
Research the debt limit 1st.
It was instituted when Congress wasn't full time and had to approve ALL spending.
Congress didn;t want to work full time and Woodrow Wilson could not wait for a quorum to approve defense spending on WW1
Liberal Republicans combined with conservative Dems to restrict Woodrow Wilsons spending on the WW!
forcing massive Liberty bond drives etc to pay the 30 Billion war cost.
It's been a meaningless football ever since.
IT should have been revoked after WW1 was over, but....politics
Told ya so. Republicans are letting Democrats off the hook again.
Republicans have to screw up everything every time. Now every Biden failure will be Republicans fault. The idiots won the chump award again.
We're gonna need a bigger nuke. Trump was a fizzle.
LOL!
It is clear enough. If Dems want to use reconciliation to pass a big $ bill other than the bi partisan infrastructure then they can add to the debt limit as well in that manner on their own.
And this is opposed to the relentless spending of the Democrats like the $3.5 trillion budget reconciliation package?
Here's a recommendation.
There is absolutely no reason to raise the debt ceiling. It's all in being fiscally responsible. If the fu@cking money isn't there why would you try to spend it? That's basic budgeting. We all should have learned that in middle school or high school.
And the Republicans are such fiscal conservatives, Oh wait there not.
Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years
Trumps no longer in office. Try to keep up.
I'm well aware of that, but it's funny how you try and piss on Biden/democrats when your hero was/is a massive spender putting us deeper in debt for decades..
Carry on with your delusion fantasies. BTW, Trump still thinks that he won the election. Now that is really delusional.
Then why bring him up? The shit show we are seeing is all on Biden.
My hero? My hero lives in a small town in Pennsylvania.
Did you look at the chart in your seeded article or just read the headline and run with it?
Looks to be right at 20T when he came into office and about 24T when WHO declared Covid. That's 4T NOT the 7.8T they claim. That INCLUDED Covid declaration.
And that isn't much different than what Mr. Obama did prior to Mr. Trump. A little over 8T in his 8 years.
Yes, I did read the article.
Weeks later, COVID-19 erupted and made the financial situation far worse. As of Dec. 31, 2020, the national debt had jumped to $27.75 trillion, up 39% from $19.95 trillion when Trump was sworn in.
Feel free to dispute the other facts in the article, Jim.
Just to provide some facts to the conversation. Seems that it's something that you're not willing to look at. When speaking of shit shows, the delusional one rates right up there.
That's good to hear, but after reading your praise of the delusional one, one would think that he is your hero.
And Covid was here in December of 2019 (officially March of 2020 for WHO's declaration) for all intents and purposes so that statement is bullshit. The headline said "even before covid" and that is a damned lie.
Many have been waiting for the left to produce some facts for quite awhile now.
The "delusional one" happened to be more successful with zero experience than his predecessor and his successor with over a half century of experience. So why not praise somebody who's successful.
Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years
That is the headline and it isn't a lie. Since your inability to read and comprehend is the problem not the headline.
I posted one for you. You can accept it or not, it is what it is.
In your opinion he was successful, of course up to his losing the election we were waiting for that super-duper cheaper better coverage medical plan of his, and then there was the infrastructure plan, either of which never materialized.
If he was so successful why do you think he lost the election? Most rational people know that he lost, but he continues on claiming that he won the election. Yup, that is delusional and one could make the cases that he is successfully delusional.
It was barely 4T prior to Covid. Methinks YOU are the one with the reading problem. They claim the full 7.8T in the body of the article and before Covid in the headline and that is a fucking lie. PERIOD
What you posted was an unsubstantiated statement. You know, the normal.
LOL, and what you posted is more delusional BS.
Carry on.
You just carry on Jim, Trump was a fuck up when it came to the national debt.
$4 trillion in less than 4 years. Way to go delusional one.
What did his predecessor do? Much the same. 9T in 8 years. Carry on..................delusional indeed
Link? Source? Or is this the normal gaslighting we've come to expect?
BS. $9T over 8 years is an average of $1.125 annually but most of it was incurred digging out of a major depression.
Trump was handed a decent, improving economy and increased the debt $ 8.3 T in just 4 years. Double Obama's rate.
Go Fish.
Digging out of a pandemic.
Oh please JJ. Be fair.
Trump added $4T in 2017 by the tax cuts implemented in 2017.
and yes, if you want to make excuses, the pandemic responses by Trump eventually cost $4.5T more.
$27,784,550,000,000 on inauguration day, feel better about that number?
It includes 120,000 ventilators now in HHS stock and $3 billion in cancelled ventilator contracts,
That's after donating and losing track of 8,000 ventilators overseas
So whatshisname spent like a drunken sailor in a whorehouse and now y'all want to put on the breaks?????????????????????????
Her final battle will be a hard fought one.
Facing her from the other side of the Capitol are the still unknown entities
This Just In:
House considering new debt limit vote Tuesday http:// hill.cm/OnVgenO