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Old President TrumpDonald Trump Biden Announces On The Money Arts & Humanities Endowment Nominations – Presented By NRHC – Democrats Break Debt Ceiling Rubicon Trump Backs Diehl For Massachusetts Governor, Slams ‘RINO’ Baker MORE accused leader of the minority in the Senate Mitch mcconnellAddison (Mitch) Mitchell McConnell On The Money – Presented By NRHC – Democrats Break Rubicon Debt Ceiling Democrats Insist They Won’t Back Down on Debt Ceiling Schumer Warns October Vacation in danger for the fight against the debt ceiling PLUS (R-Ky.) Wednesday to “fall back” to his deadlock with Democrats over the debt limit shortly after the senator proposed a plan to delay a potential default.
“Looks like Mitch McConnell is bowing to the Democrats yet again,” Trump said in a statement Wednesday afternoon. “He’s got all the cards in his hand with the debt ceiling, it’s time to play the hand. Don’t let them destroy our country!
Trump’s statement came hours after McConnell offered Democrats a deal to temporarily resolve the impasse. The country is estimated to have only a few weeks to default on the national debt – a scenario the Secretary of the Treasury Janet YellenJanet Louise Yellen On The Money – Presented By NRHC – Democrats Break Rubicon Debt Ceiling Democrats Insist They Will Not Back Down on Debt Ceiling Schumer Warns October Vacation in Danger for the fight against the debt ceiling PLUS said it would trigger an economic crisis and make the United States “a permanently weaker nation.”
The GOP leader proposed a temporary solution that would allow Democrats to increase the country’s borrowing power for two more months without having to resort to a procedure known as reconciliation to bypass the filibuster – or attempt to ‘eliminate the filibuster for the debt ceiling.
Democratic senators signaled Wednesday that they would accept McConnell’s proposal.
The apparent deal comes after McConnell and other Republicans have said for months the party will not work with Democrats to take action on the debt limit, although both sides have repeatedly done so. under the Trump administration.
The debt ceiling pool game comes amid opposition from McConnell and other GOP leaders to a set of massive social safety nets that Democrats aim to enact using reconciliation.
Republicans want Democrats to tackle the debt limit themselves using the same process. But Democrats say it’s not an option and insisted Republicans work with them to tackle the debt ceiling because both sides approved the spending in the first place, in part in response to the COVID-19 pandemic.
In recent weeks, Trump has pressured Republicans to use the debt ceiling deadlock to negotiate spending with Democrats, calling the debt ceiling “his party’s only powerful tool.”
“The way I see it, what the Democrats are proposing, on so many different levels, will destroy our country,” Trump said in a Sept. 22 statement. “Therefore, the Republicans have no choice but to do what they have to do. Do, and the Democrats will have no choice but to concede all the horrors they are trying to inflict on it. future of the United States.
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