Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(107,922 posts)
Fri Sep 17, 2021, 01:23 PM Sep 2021

Hoyer: House will vote to avoid debt default, shutdown next week

The House will vote next week on a measure to stave off a U.S. debt default, Majority Leader Steny Hoyer said Friday, although it’s unclear if Democrats will pair that with a stopgap funding bill to avoid a government shutdown on Oct. 1.

Hoyer confirmed in a letter to colleagues that the party will look to suspend the cap on how much money the government can borrow, rather than increase that figure outright. Both parties have been far more willing to support a suspension than a hike in recent years, since it gives lawmakers some cover from the political blowback that could follow.

The Maryland Democrat didn’t provide a timeline for the length of the planned suspension, which amounts to hitting pause on the often-volatile debt issue. If Democrats choose to vote on a stand-alone debt measure, it would force Republicans to go on the record after both parties agreed to suspend the debt ceiling just two years ago as part of a budget deal with then-President Donald Trump.

Decoupling government funding from the debt limit would leave many Republicans more willing to back a short-term government funding bill that includes billions of dollars in disaster aid for hurricane-battered red states across the southeast, which was requested by President Joe Biden.

https://www.msn.com/en-us/news/politics/hoyer-house-will-vote-to-avoid-debt-default-shutdown-next-week/ar-AAOywqK

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Hoyer: House will vote to avoid debt default, shutdown next week (Original Post) Yo_Mama_Been_Loggin Sep 2021 OP
Mitch McConnell hates this. DO IT DEMOCRATS!! Budi Sep 2021 #1
Latest Discussions»General Discussion»Hoyer: House will vote to...