News

Senate Passes Temporary Increase In Debt Ceiling Averting Crisis

On Thursday, the Senate voted to temporarily extend the U.S. debt limit until December, a measure to avoid a national default. The vote passed 50-48 in the Senate.

“I thank my Democratic colleagues for showing unity in solving this Republican-manufactured crisis,” Senate Majority Leader Chuck Schumer (D-New York) said. “Despite immense opposition from Leader McConnell and members of his conference, our caucus held together and we have pulled our country back from the cliff’s edge that Republicans tried to push us over.”

Following the vote, Sen. Joe Manchin (D-West Virginia), the centrist Democrat, who has been in the middle of the recent deadlocks, implored Senate Minority Leader Mitch McConnell (R-Kentucky) and Schumer, two partisan leaders in the Senate, to reach an agreement promptly.

“I truly implore both leaders … to engage, start working, work this out,” Manchin said. “We have a responsibility to be the adults … we should not have these artificial crises.”

Subscribe to our free weekly newsletter!

A week of political news in your in-box.
We find the news you need to know, so you don't have to.

The outcome comes a day after McConnell stated that Republicans would let Democrats pass a short-term debt ceiling raise and just hours after a discussion with Schumer.

Some Republicans showed resentment towards their leader, claiming that McConnell lost in the game of chicken.

“As two trucks drove towards each other on a country road, one or the other was going to turn or you were going to have a lot of dead chickens. I wish Republicans hadn’t blinked,” Sen. Ted Cruz (R-Texas) said following the vote.

The Senate-passed bill will be tossed to the lower chamber. When approved in the House, the bill will then go to President Joe Biden for final signature.

“President Biden looks forward to signing this bill as soon as it passes the House and reaches his desk,” White House press secretary Jen Psaki said in a statement.

“As we approach the coming months, we hope that even more Republicans will join Democrats in responsibly addressing the debt limit instead of choosing default or obstruction.”

Earlier this week, Biden hinted he could use his power to use the so-called “nuclear option,” a proposal from Democrats to carve out filibuster exception, amid the looming fear of default due to the deadlock in the Congress.

Dongyoon Shin

Recent Posts

Indicted Sen. Bob Menendez Won’t Run For Reelection As A Democrat – But Might As An Independent

Sen. Bob Menendez (D-New Jersey) will not run as a Democrat for reelection to his…

22 hours ago

Biden Campaign Mocks Trump’s Poor Campaign Fundraising: ‘He’d Fire Himself’

The Biden campaign is celebrating its major fundraising and cash advantage over the Trump campaign…

2 days ago

House Passes $1.2 Trillion Funding Package With Mostly Democratic Support

On Thursday, House leaders passed a $1.2 trillion spending package, hoping it will pass through…

2 days ago

Supreme Court Says Texas Can Begin Enforcing Controversial Immigration Law

On Tuesday, the Supreme Court gave Texas the go-ahead to begin enforcing an immigration law…

3 days ago

Bernie Moreno Wins Ohio GOP Senate Nomination Despite Adult Website Personal Ad Scandal

On Tuesday night, Bernie Moreno triumphed in a competitive GOP primary race for one of…

4 days ago

Texas & Florida Laws Limiting Social Media Platforms From Censoring Posts Are Likely To Be Struck Down By Supreme Court, Experts Say

New social media laws in Texas and Florida seem likely to be ruled unconstitutional by…

5 days ago