US EditionSenate GOP Has Problems with House Debt Ceiling Plan
- Senate Republicans are expressing concerns about the House plan to raise the debt ceiling by $4 trillion, which could lead to lengthy negotiations with Democrats over a potential default.
- Senate Majority Leader John Thune has voiced doubt that the plan can secure the necessary 50 Republican votes in the Senate.
- Sen. Tommy Tuberville warned that linking the debt ceiling raise to tax cuts could jeopardize the entire bill, reflecting skepticism among conservative members.
- Senator Susan Collins indicated surprise at the proposed budget cuts for Washington, D.C., stating they were not in the Senate's version of the bill.
8 Articles
8 Articles
'Most consequential fight this year': Top Senate Republican casts doubt on House GOP bill
The Senate GOP doesn't have the votes to pass the bill to raise the debt ceiling, which must be passed by March 15 before the government shuts down. Semafor's Burgess Everett posted on X, "Senate Republicans are essentially rejecting the House GOP's approach of raising the debt ceiling as part of a ...
Senate GOP Has Problems with House Debt Ceiling Plan
“Senate Republicans are raising grave doubts about House Republicans’ plan to raise the debt ceiling as part of a massive tax cuts and border spending bill, a dynamic that could lead to a protracted negotiation with Democrats over avoiding a default,” Semafor reports. “With roughly two or three months before the US could breach the debt ceiling, the House is trying to raise it by $4 trillion as part of a party-line tax cut bill.” “However, Senat…
Senate Republicans give House’s debt ceiling plan cold shoulder
The NewsSenate Republicans are raising grave doubts about House Republicans’ plan to raise the debt ceiling as part of a massive tax cuts and border spending bill, a dynamic that could lead to a protracted negotiation with Democrats over avoiding a default.With roughly two or three months before the US could breach the debt ceiling, the House is trying to raise it by $4 trillion as part of a party-line tax cut bill. However, Senate Majority Lead…
Unlocking Bitcoin's Potential: How the End of the $36 Trillion US Debt Ceiling Suspension Could Spark a Major Rally
Bitcoin may be on the verge of experiencing a significant price surge, thanks to a potential catalyst known as the end of the $36 trillion US debt ceiling suspension. The cryptocurrency market is buzzing with excitement as investors anticipate the impact of this pivotal event on Bitcoin’s value. As the US government approaches the deadline for raising the debt ceiling, Bitcoin enthusiasts are closely monitoring the situation for any signs of an …
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