White House rules out concessions on debt ceiling while GOP refuses to help avert financial crisis

Posted on AllSides September 20th, 2021
From The Left
debt ceiling, White House, GOP

The White House is in a bind over the potential breach of the federal debt ceiling as GOP lawmakers refuse to help Democrats avert a national financial catastrophe, leaving the administration with few easy answers as time runs out.

Senate Minority Leader Mitch McConnell (R-Ky.) has insisted Republicans will not cooperate with pleas from the Biden administration to increase or suspend the debt ceiling — the legal limit for what the federal government can borrow to avoid defaulting on its obligations.

Meanwhile, the White House has ruled out offering policy concessions to...

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https://www.washingtonpost.com/us-policy/2021/09/20/white-house-debt-ceiling/

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