Last few wks McConnell said if Dems want to lift the debt limit they must use reconciliation bc GOP won't vote for it
Yellen now says: use regular order
Which means no reconciliation
They have to use gov't funding bill
Which GOP will block if⬆️
Gov't shutdown?
This. Is. Bad.
Yellen now says: use regular order
Which means no reconciliation
They have to use gov't funding bill
Which GOP will block if⬆️
Gov't shutdown?
This. Is. Bad.
Yellen today:
“In recent years Congress has addressed the debt limit through regular order, with broad bipartisan support. In fact, during the last administration, Democrats and Republicans came together to do their duty three times.
“In recent years Congress has addressed the debt limit through regular order, with broad bipartisan support. In fact, during the last administration, Democrats and Republicans came together to do their duty three times.
“Congress should do so again now by increasing or suspending the debt limit on a bipartisan basis. The vast majority of the debt subject to the debt limit was accrued prior to the Administration taking office.
"This is a shared responsibility, and I urge Congress to come together on a bipartisan basis as it has in the past to protect the full faith and credit of the United States.”
Nothing from Biden yet..
Nothing from Biden yet..
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