Senate to Hold Hearings on GOP Debt Limit Bill

In a new “Dear Colleague” letter obtained by Punchbowl News, Senate Majority Leader Chuck Schumer said Senate committees will hold hearings on the Republican legislation to lift the debt ceiling.

The bill didn’t go through regular order in the House. Instead, the legislation was drafted by Speaker Kevin McCarthy and other senior House Republicans following consultations with their rank-and-file.

From the letter: “This bill was hastily drafted and forced through the House at a break-neck speed. Not a single Committee of jurisdiction held a hearing or a mark-up on a bill that would fundamentally remake American society. The Senate will show the public what this bill truly is.”