WASHINGTON (AP) – Congress is removing the Senate to avoid a crisis and preparing another Senate to pass legislation that would fund the federal government in early December.
The House is expected to approve the move after a Senate vote on Thursday, preventing a partial official shutdown as the new fiscal year begins on Friday.
Democrats were forced by Republicans to remove a moratorium on the federal government’s orrow from the bill. If the limit is not raised by October 18, the country is likely to face a financial crisis and an economic downturn, said Treasury Secretary Janet Yellen. Republicans say Democrats have a vote to increase their own the limit, and Republican leader Mitch McConnell insists they will.
But the most immediate priority for Congress is to keep the government running after the current fiscal year ends at midnight on Thursday. Expected approval of the bill would cost legislators more time to create spending bills that would fund federal agencies and the programs they conduct.
Democrats, meanwhile, are fighting over how to get President Joe Biden’s last domestic priority. It includes a bilateral infrastructure bill that includes 5 550 billion in new spending on roads, bridges, broadband and other priorities, as well as a 3.5 3.5 trillion slate of social, health and environmental programs.
Senate Majority Leader Chuck Schumer, DNY, said, “To address so many serious issues, the last thing the American people need right now is an official shutdown.”
Schumer said the stopgap spending law would also help those affected by Hurricane Ida and other natural disasters to help those evacuated from Afghanistan after a 20-year war between the United States and the Taliban.
While steps in the final stages to avoid a partial government shutdown have become almost routine, lawmakers are usually able to reach a compromise. The fund bill was slowed down this time by disagreeing about allowing the government to borrow more so that it could continue its financial obligations. The current growth limit is set at $ 28.4 trillion.
In modern times, the United States has never violated its law, and historically both sides have voted to raise the bar. Democrats joined the Republican Senate majority three times during Donald Trump’s presidency. This time Democrats wanted to take care of both priorities in a bill, but Senate Republicans blocked that effort on Monday.
Extending or suspending the limit allows the federal government to repay the obligations already incurred. It does not allow new expenses. McConnell argues that Democrats should raise the debt limit with the same budget tools to try to pass the সুর 3.5 trillion effort to expand the Social Security Net program and tackle climate change.
“There is no tradition of doing this on a bilateral basis. Sometimes we have and sometimes we don’t, ”McConnell told reporters about raising ceilings in the past.
The House Democrats passed a separate bill late Wednesday night complaining about the steps they were being forced to take that would suspend the debt limit until December 2022. That bill is now going to the Senate, where it is almost certain to be blocked by a Republican filibuster. .
Jim McGovern, chairman of the House Rules Committee, told D-Mass, Republicans, “You’re more interested in punishing Democrats than in saving our credit, and that’s something that’s going through my head.” “The idea of not paying the bill just because we don’t like (Biden’s) policy is the wrong way to go.”
But the Republicans were undesirable. They argued that the Democrats chose Ram through their own political priorities, and that they themselves were responsible for raising the debt limit.
“Unless the Democratic majority insists on spending money hand in hand, Republicans will refuse to help raise their ceiling,” said Rip-Tom Cole, R-Okla.
McGovern said Republicans under Trump have rolled out debt and are now washing their hands of their consequences.
“Republicans have now rediscovered the issue of debt,” McGovern said. “Where have you been for the last four years?”
The Treasury has taken steps to save cash, but once it is exhausted, it will be forced to rely on incoming revenue to pay off its liabilities. This will likely result in delays in the payment of social security recipients, the elderly and government employees, including military personnel. The Center for Bilateral Policy, a think tank, projects that the federal government will be unable to pay about 40% in the next few weeks.
Associated Press writer Brian Slodisco contributed to this report.
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