The GOP and Democratic Party remain locked in a stalemate over raising the U.S. debt limit to fund the government before the fiscal year ends on Thursday.
McConnell also tied his refusal to raise the debt limit to several spending packages that Democrats are hoping to advance this week, a strategy that has recently been backed by former PresidentThe former president said in a statement the debt ceiling is the"only powerful tool" Senate Republicans have in their negotiations with Democrats, adding that they"have no choice but to do what they have to do,"Though Republicans have indicated that the bill will face an uphill battle...
U.S. Speaker of the House Rep. Nancy Pelosi criticized Republicans on Sunday for failing to help Democrats raise the debt ceiling. Here, Pelosi speaks at the U.S. Capitol September 24, in Washington, DC."We want this to be bipartisan. If we didn't want it to be bipartisan, we would have put it in the reconciliation bill. That would have been a decision we had to make when we wrote the budget out.
"Let's hope that the Republicans will find some level of responsibility to our country to honor what's in the Constitution, that we not question the full faith and credit of the United States of America," she added. If Republicans and Democrats fail to reach an agreement by the September 30 deadline, a federal shutdown of government services will occur. That could result in the shuttering of some national parks, fewer airport security screenings, and an interruption of public health services, among other things.
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