Biden: ‘Real Possibility’ Dems Might Change Senate Rules for Debt Hike
October 6, 2021 | District of Columbia
President Joe Biden said on Tuesday that his Democrats might make an exception to a U.S. Senate rule to allow them to extend the government’s borrowing authority without Republican help, which could head off an economically crippling debt default.
As a stalemate between Republicans and Democrats showed no sign of abating, Biden said there was a “real possibility” that his party would bypass the long-standing supermajority voting requirement known as the filibuster for dealing with the debt limit.
That would allow Democrats, who hold a razor-thin Senate majority, to suspend the federal government’s $28.4 trillion borrowing cap without Republican votes…. (Excerpts from Newsmax)
