House passes bill raising debt ceiling and averting shutdown
S E E D E D C O N T E N T
The House of Representatives voted Tuesday night to pass a continuing resolution to fund the government through Dec. 3 and raise the $28 trillion debt ceiling.
H.R. 5305, which passed in a party-line vote of 220-211, will need the support of at least 10 Republicans to pass in the Senate.
Citing opposition to President Joe Biden's agenda, nearly every Republican in the Senate has expressed opposition to tying the debt ceiling into the bill that funds the government. The federal government faces a looming shutdown on Oct. 1 if Congress cannot reach a consensus by the Sept. 30 deadline.
The government is also slated to hit the debt ceiling by mid-October, which Treasury Secretary Janet Yellen wrote in a recent Wall Street Journal op-ed could lead to "economic catastrophe."
"The bill that Speaker Pelosi is bringing through this week will not become law," said House Minority Whip Steve Scalise, R-La. "They're going to have to go back to the drawing board."
Sen. John Kennedy, R-La., is the only Republican who has said he would "vote yes happily" for the bill, which includes $28.6 billion in natural disaster relief funds for states such as Louisiana, which was recently ravaged by Hurricane Ida.
The bill also stoked controversy Tuesday when House Democratic leaders stripped $1 billion from it that would fund Israel's Iron Dome after a group of left-wing Democrats threatened to vote against the bill.
House Leader Steny Hoyer, D-Md., said he intended to bring a suspension bill to the floor by the end of the week to fully fund the Iron Dome.
House Rules Chairman James McGovern, D-Mass., also said the $1 billion in funding will be attached to the annual defense funding bill later this year.
Before passage, House Democrats defeated a resolution that would have put the Iron Dome funding back into the bill by a vote of 209-215.
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On to the Senate!
It will never pass in the Senate. I agree with the GOP. If they want to spend 3.5+ trillion dollars on their wishlist without a Republican vote, they can increase the debt to pay for it the same way. Democrats walking away from and ending their efforts to pass their reconciliation bill is the precondition needed for GOP votes on debt ceiling increases.
Comment 2 is a display of extremist propaganda and total ignorance.
The debt ceiling needs to be raised to pay for the massive increase in the debt under the Trump administration. It has nothing to do with future spending levels.
As Treasury Secretary Yellin said in a statement released today: "Increasing or suspending the debt limit does not increase government spending, nor does it authorize spending for future budget proposals; it simply allows Treasury to pay for previously enacted expenditures..."
The previously enacted expenditures include such things as payments for Social Security, Medicare, military salaries and tax refunds.
Failure to raise the debt ceiling would result in the government defaulting on its debt payments causing catastrophic effects to the American economy with dire consequences for the American people.
The debt ceiling has been raised 100 times in the past on a bipartisan basis.
During the Trump presidency, the Democrats, because they treat the well-being of the American people as their priority, worked with the Republicans to increase the debt ceiling three times.
The Republicans added $7 trillion to the national debt during the Trump presidency, and now they refuse to pay for it.
The deadbeat Republicans never treat the well-being of the American people as any type of a priority. Their only interest is in creating campaign slogans and wielding power.
Sorry, there has to be a penalty for the reconciliation bill and this is it. If the Democrats want their 3.5 trillion dollar porkulus "infrastructure" bill; then they can raise the debt ceiling as a part of it.
They don't get to have their cake and eat it too.
Another quote 'That is the truth, the whole truth, and nothing but the truth'! What you said is actually true though.
You always hit it out of the park Gsquared.
I didn't know it was "Blow Smoke Up Peoples Asses Day".
Historically the military suffers during Democrat administrations. We suffered through a lack of funds for training, healthcare, repair parts, upgraded equipment. We've went WITHOUT pay several times.
Social Security gets pillaged under Democrat administrations. No other program gets torn apart like Social Security.
Maybe that's what needs to happen. These dipshits need to learn the meaning of fiscal responsibility.
We also need to stop sending foreign aid to countries that are against us. Why are we sending aid to N. Korea? To China?
Obviously, you have no understanding of what the debt ceiling is about.
Only Republicans do, right?
I didn't either, but reading your false allegations, you must have founded it.
There we have it. Republicans, who added trillions to the national debt without paying for it, and refuse to raise the debt ceiling to cover the debts they incurred, are actually in favor of destroying the economy and the lives of the American people.
And I did in your statement. Feel free to prove me wrong (not that I expect you to).
We know you're correct. Disregard the naysayers who never provide proof of anything!
What is most interesting about Comment 2.1. 3 is the open support for destroying our economy and ruining the lives of the American people.
And I responded. Care to look up other words? Good for you. You can look up definitions.
It was obviously necesssary to post the definition as you appear to be unaware of the word's meaning.
Your response would be equivalent to the following exchange:
Me: Do you like ice cream?
You: My shoelace is untied.
More significant is your failure to recant (sorry, you will have to look up the definition for yourself, if you know how) your support for destroying our economy and ruining the lives of the Anerican people. That tells us all we need to know.
Republicans (even though they were liberals ) invented the debt ceiling in 1917 to restrict Woodrow Wilson
( conservative ) from spending more than $11.5 B on WW1 without raising funds through Liberty Bonds
or coming back to Congress for approval. The second Liberty Bond Act took a huge burden off of Congress
and put it on the Treasury, allowing them to roll debt over and refinance it whenever they deemed necessary.
The ceiling has been raised 74 times in a bipartisan fashion, suspended a dozen times
and suspended in 2019 for 2 years in order for the Trump tax package and budgets to pass.
Republican vote was 133-90 while the Dems supported it 188-0.
Last night the Dems essentially copied McConnell 2019 and suspended the debt ceiling.
For McConnell to block it would be the height of political hypocrisy.
Not surprised though.
Because only Democrats are allow to be hypocrites.
you forgot the 'ed' and the /s