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Senate Takes Up Debt Ceiling Workaround

December 9, 2021 · 10:30 am ET · Leave a Comment

“The Senate will vote Thursday to take up a one-time loophole to allow Democrats to raise the debt limit on their own, a major step toward warding off mid-December economic fallout,” Politico reports.

“The chamber will consider the initial 60-vote hurdle midday. At least 10 Republican senators are expected to vote in support, setting in motion the deal Senate Minority Leader Mitch McConnell struck with Majority Leader Chuck Schumer to prevent the United States from defaulting on its more than $29 trillion in debt as soon as next week.”

At least 10 Republican senators are apparently willing to pass a filibuster carve out to allow Democrats to lift the debt ceiling, but there are not 10 Republicans who will simply agree to lift the debt ceiling.
Taegan

Senate

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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