1/ The Senate postponed a vote suspend the nation’s debt limit after Republicans planned to filibuster the effort for the third time in two weeks. Mitch McConnell and Republicans lawmakers continue to block debate on the legislation as part of their opposition to Biden’s economic agenda, arguing that Democrats should raise the debt limit unilaterally through reconciliation. Democrats, however, have repeatedly said that reconciliation is not an option, since it would be too complicated, time-consuming, and “risky” given the threat of a first-ever default on federal debt. Democrats need at least 10 Republicans to join them to break a filibuster on raising the debt ceiling. Schumer has said he wants Congress to pass legislation on the debt ceiling by the end of the week. (Washington Post / Reuters / CNN)
This is a companion discussion topic for the original entry at https://whatthefuckjusthappenedtoday.com/2021/10/06/day-260/