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blogslug

(37,999 posts)
Mon Sep 27, 2021, 06:44 PM Sep 2021

Senate GOP blocks bill that would fund government and suspend debt limit

https://www.cnbc.com/2021/09/27/government-shutdown-senate-republicans-block-funding-debt-ceiling-bill.html

Senate Republicans on Monday blocked a bill that would fund the government and suspend the U.S. debt ceiling, leaving Democrats scrambling to avoid a possible economic calamity.

The House-passed legislation would have funded the government into December and suspended the U.S. debt ceiling into December of next year, after the midterm congressional elections.

After every House Republican opposed the measure, the Senate GOP also refused to help Democrats suspend the debt limit.

Democrats now have to pull off a daunting series of maneuvers to avoid a sequence of events that could ravage the economy and cost millions of Americans their jobs. The Republican opposition may force them to pass a short-term funding bill with GOP support, then approve a debt limit suspension on their own — potentially as part of their up to $3.5 trillion budget reconciliation plan...


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Senate GOP blocks bill that would fund government and suspend debt limit (Original Post) blogslug Sep 2021 OP
Sad if also predictable: The GOP WANTS an Argentina-style debt crisis. peppertree Sep 2021 #1
Get on the phone with your GOP senators, or Manchin/Sinema if in AZ or WV OrlandoDem2 Sep 2021 #2

peppertree

(21,624 posts)
1. Sad if also predictable: The GOP WANTS an Argentina-style debt crisis.
Mon Sep 27, 2021, 06:46 PM
Sep 2021

Paul Singer, after all, sets much of their economic policy.

Very big news indeed.

OrlandoDem2

(2,065 posts)
2. Get on the phone with your GOP senators, or Manchin/Sinema if in AZ or WV
Mon Sep 27, 2021, 06:51 PM
Sep 2021

The GOP needs to be taken out to the woodshed for a sound thrashing.

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