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As Republicans play debt limit brinkmanship, nation barrels toward default

As Republicans play debt limit brinkmanship, nation barrels toward default

ABC News
Wednesday, October 6, 2021 1:49 AM GMT

As the nation barrels toward default, Republicans are poised to sink a Democratic effort to suspend the federal borrowing limit.

As the nation barrels toward default, Republicans are poised to sink a Democratic effort to suspend the federal borrowing limit.

Republicans in the Senate are filibustering a House-passed measure that would suspend the debt limit until December 2022. At least 10 Republicans would need to join all Senate Democrats to break a GOP filibuster and allow a simple majority vote to pass the bill.

Democrats argue that this would give Republicans exactly what they're asking for: an increase to the nation’s borrowing limit approved solely by Democrats.

"Tomorrow's vote is not a vote to raise the debt ceiling. It's, rather, a procedural step to let Democrats raise the debt ceiling on our own," Senate Majority Leader Chuck Schumer said Tuesday. "We're telling Republicans that we're not asking you to vote for it, just let us vote for it."

Read full story on ABC News
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