Democrats slam Mitch McConnell for taking economy ‘hostage’ by rallying GOP against exte …

democrats slam mitch mcconnell for taking economy hostage by rallying gop against extending uss ability to pay its bills on time

Sumary of Democrats slam Mitch McConnell for taking economy ‘hostage’ by rallying GOP against extending US’s ability to pay its bills on time:

  • Democrats assailed Mitch McConnell for trying to rally Republicans against raising the debt ceiling.
  • Congressional Democrats slammed Senate Minority Leader Mitch McConnell of Kentucky on Wednesday for threatening to oppose an extension of the US’s ability to pay its bills, a step that could jeopardize the US’s economic recovery if Congress doesn’t act.
  • Ron Wyden, chair of the Senate Finance Committee, told reporters that the national debt ballooned under President Donald Trump as a result of the pandemic and a 2017 Republican tax law that reduced the country’s tax revenue from large corporations.
  • TOP VIDEOS FOR YOU “Now Mitch McConnell wants to skip out on paying the bills, we are not going to let him do it.
  • ” Wyden said Democrats didn’t make political demands in exchange for supporting raising the debt ceiling while Trump was in office.
  • ” “Mitch McConnell is playing Russian roulette with this economy,” Sen.
  • The Kentucky Republican said in an interview published on Punchbowl News on Monday that Republicans wouldn’t strike a deal with Democrats to raise the debt ceiling, the statutory limit that the federal government can borrow to pay its bills.
  • McConnell said Democrats would have to do it alone through reconciliation, a legislative track that only requires a majority vote and would therefore be feasible to pass without Republican support.

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