UPDATE 1-Top Senate Democrat Schumer asks U.S. businesses to weigh in on debt default

update 1 top senate democrat schumer asks u s businesses to weigh in on debt default

Sumary of UPDATE 1-Top Senate Democrat Schumer asks U.S. businesses to weigh in on debt default:

  • “This is risky business and dangerous business” that Republicans are engaging in, Schumer, a Democrat, told reporters at the Capitol.
  • Senate Republican leader Mitch McConnell has repeatedly said Democrats should raise the debt ceiling on their own.
  • On Tuesday, McConnell said: “Republicans are united in opposition to raising the debt ceiling, not because it doesn’t need to be done” but because he believes Democrats should include it in their $3.5 trillion infrastructure bill and pass it without Republican support.

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