See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

U.S. Senate to vote on debt ceiling, Republicans say they will oppose

Posted on AllSides October 5th, 2021
From The Center
REUTERS/Elizabeth Frantz

WASHINGTON, Oct 5 (Reuters) - President Joe Biden's Democrats planned a Wednesday vote in the Senate to suspend the U.S. debt ceiling, setting up yet another confrontation with Republicans that risks an economically crippling federal credit default.

The effort seemed destined to fail as the chamber's top Republican, Mitch McConnell, said on Tuesday that members of his party would block the vote as they have already done twice. McConnell has urged Democrats to raise the debt ceiling on their own using a more convoluted approach that Democrats have dismissed as...

Read full story
https://www.reuters.com/world/us/schumer-sets-us-debt-ceiling-vote-wednesday-tensions-rise-2021-10-05/

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right