GOP Senators Resist Raising Debt Ceiling as Democrats Push Biden Spending Plans

gop senators resist raising debt ceiling as democrats push biden spending plans

Sumary of GOP Senators Resist Raising Debt Ceiling as Democrats Push Biden Spending Plans:

  • WASHINGTON—Top Senate Republicans said the GOP may line up against any effort to raise the government’s borrowing limit this year, adding to the uncertainty surrounding how Congress will address the issue after the limit is reinstated next month.
  • ) said at a press conference Wednesday that Democratic plans to advance President Biden’s $4 trillion agenda could prompt Republicans to oppose a debt-limit increase, echoing comments Senate Minority Leader Mitch McConnell (R.
  • The Republican comments drew criticism from Democrats, who cast them as a hypocritical ploy that could trouble financial markets.

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