DEMOCRATS TURN TO FISCAL MATTERS AND RAISE DEBT LIMITS


Democrats in Congress will discuss pressing financial issues this week, putting aside their ambitious $3.5 trillion social policy as they seek to keep the government acting beyond September 30 by lowering the federal borrowing limit and raising the chair. Nancy is delivering on Pelosis’ infrastructure promises. Vote before September 27

DEMOCRATS TURN TO FISCAL MATTERS AND RAISE DEBT LIMITS

Ideological divisions within the party and stubborn republican opposition will not facilitate these tasks.

“Our leadership in that,” South Carolina spokesman James E. Cliburn, Democrat No. 3 in the House of Representatives, told CNN on Sunday. “We are working with everyone in every corner of our party. They are trying to address all of these issues equally and I feel very comfortable that we will get there.”

Democrats are expected to vote in the House of Representatives this week on a spending deferral bill that would keep the government open and Hurricane Ida’s recovery, bushfire response, relocation to Afghanistan and other emergencies 10 days before the government runs out of money, will finance. He will give

The bill could then be combined with a move to increase the debt ceiling, which must be passed before the Treasury can pay more to its creditors – sometime next month.

Rep. John Yarmouth, a Democrat from Kentucky and chairman of the House Budget Committee, told Fox News on Sunday that Democrats may decide to separate the debt ceiling from cost accounting — to show Republicans are ready to commit publicly. limit rejected. Lower taxes and spending under President Donald J. Trump.

“Personally, I’d like to see a clean vote on the debt ceiling, so Republicans really just need to record this vote and not mistake it for a funding measure,” he said, “but in the end, the two are most important.” made.”

Senate Republicans insist they will not vote in favor of raising the debt ceiling, despite the fact that Democrats helped them on the issue during the Trump years. If Republicans choose to handle the file, the government can deal with their first blackout. This, in turn, could lead to a financial crisis, or at least a crisis of confidence in the United States government.

If Democrats decide to combine raising the debt ceiling with disaster relief, they can expect victory over Republican senators from states hit by hurricanes and bushfires. But Republican Senator Bill Cassidy of Louisiana showed little willingness to compromise on Sunday.

“If you want to go back and meet where we can actually find a common language, where we can actually address a need, as opposed to a democratic wish list, then we’re going to help,” Cassidy told Meet The Press. “But not if you’re trying to stimulate the economy through inflation.”

Parts of Louisiana were without power for three weeks after Hurricane Ida.

Beyond these guerrilla divisions, there is debate among Democrats. Pelosi promised the Liberal Democrats to pass a bipartisan infrastructure bill that the Senate approved on Sept. 27 to give her time to move forward with the party’s social policies, a priority for the Liberal Democrats.

But Democrats are far from a final version of the social policy bill that can maintain near-complete democratic unity in the House and Senate, and progressive House representatives are threatening to vote on the infrastructure bill when it reaches the first floor. Mr Yarmouth said “current plans” for the infrastructure bill would be put to a vote next Monday but suggested that some creative work for the department.

“According to the rules, speakers are not actually required to submit a bill to the president for signature,” he said, Sunday. “He can keep this account for a while. So we have flexibility in combining the two terms. ”

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