Senate Republicans prepare to block government funding measures to avert the US default

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WASHINGTON – Senate Republicans prepared Monday to block a bill that would fund the government, provide billions in hurricane aid and stave off a US debt default, part of the party’s renewed campaign to appoint President Joe Biden undermine broader economic agenda.

The expected GOP opposition is sure to give a death blow to the measure passed by the House of Representatives last week and threatens to put pressure on the Democrats to find their own way ahead of a series of pressing budget deadlines. Failure to address the issues could create dire financial straits, the White House has warned, and may plunge the United States into yet another recession.

Ahead of the scheduled vote on Monday, Senate minority leader Mitch McConnell, R-Ky reaffirmed the government in doing so. GOP lawmakers believe that raising the credit limit that would allow the country to pay its bills would enable Biden and his Democratic allies to make trillions in extra spending and other policy changes they do not support .

“If they want to tax, borrow and spend historical sums of money without our help, they have to raise the debt limit without our help. That’s the reality. I’ve been saying that very clearly since July, ”McConnell said last week.

The Democrats have sharply dismissed this line of argument: they have pointed out the fact that the country’s debts are ahead of the current debate, arguing that some of its bills, including a coronavirus stimulus package passed in December of around $ 900 billion Dollars, bipartisan. Democrats have also stressed that, under President Donald Trump, they worked with Republicans to raise the debt ceiling, even when he pursued policies they did not support, including building a wall on the US-Mexico border.

But the Democrats’ arguments failed to sway the Republicans, resulting in a widely predicted outcome that is now forcing the Democrats to recalibrate their strategy on a tight schedule. You have until midnight Thursday to work out a government funding plan or else major federal operations will suspend or reduce many operations on Friday morning. And they have to act before mid-October to raise the debt ceiling or they could risk a financial disaster that could destabilize global markets. The Ministry of Finance has not given an exact date.

The stalemate only serves to highlight the mounting sharpness on Capitol Hill, where the Democrats will also be pushing ahead on Monday with their plans to pass new Biden-backed spending initiatives worth up to $ 4 trillion. That includes a plan to improve the country’s infrastructure that Republicans support and another that increases taxes to fund new health, education, and climate initiatives that the GOP opposes. These measures are also pending as the House had hoped to start debating them – and possibly voting – as early as this week.

Republicans say they are still ready to support a funding gap as long as it is completely separated from the debt ceiling. Without a deal, Washington would stall, disrupting federal agencies responding to the coronavirus, while leaving thousands of federal employees unemployed and without paychecks.

“There would be a lot of Republican votes for that,” Senator Pat Toomey, R-Pa., Predicted during an interview on CNN’s State of the Union on Sunday.

The Democrats have also pledged to prevent a government shutdown, which increases the chances that lawmakers can still fend off a worst-case scenario by the end of the week – as long as the two parties work together. Your eventual move is also expected to include billions of dollars to respond to two recent deadly hurricanes that devastated the Gulf Coast and East Coast, as well as money to help relocate Afghan refugees.

But the fight over the debt ceiling is a whole different matter.

Even as they prepared a vote against the suspension on Monday, Republicans claimed they don’t want the US government to default. Instead, they said Democrats should shoulder the burden themselves, given their proposed federal spending hike, including a roughly $ 3.5 trillion tax and spending package that they hope will bring them through the House later this week.

The Democrats plan to push this move forward through a legislative maneuver known as reconciliation. The move allows them to bypass the Republican opposition, especially if it reaches the Senate, where the party only has 51 votes – and would otherwise need 60 to proceed. But the GOP legislature has taken up the process and required that the Democrats also use it to raise the debt ceiling.

The move is easier said than done: it could be time consuming and subject Democrats to a series of awkward political votes. And it is guaranteed to force the party to vote a certain number that will increase the country’s credit limit rather than just suspend it, potentially turning the whole process into feed for GOP attacks that will enter the 2022 midterm elections.

The whole endeavor frustrated Democrats, and recalls the brinkmanship over the debt ceiling from a decade ago that pounded US markets and terrified investors worldwide when the country first risked default. The stalemate only ended after Democrats agreed to universal budget cuts and caps that they say decimated federal agencies’ ability to deliver much-needed health and education programs.

“It’s bad for the economy. It’s bad at this time of our pandemic, “Senator Cory Booker, DN.J., said during an interview on CNN over the weekend, noting that Republicans had cut the Trump deficit by more than 7 Trillion dollars. “Those are the things that should be pro forma.”


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