Democrats Move to Avert Fiscal Crisis, Separating Debt and Spending Bills
The New York Times
The House was set to move on Wednesday on a bill to increase the debt limit, while the Senate prepared a separate spending bill to keep the government funded past a Thursday deadline.
WASHINGTON — Democrats in Congress moved on Wednesday to avert a looming fiscal crisis, scheduling a House vote to raise the debt ceiling and preparing a separate spending bill to head off a government shutdown looming at midnight on Thursday.
The Senate could vote as early as Wednesday on the spending bill, which is needed to prevent a lapse in government funding when the fiscal year ends on Thursday and also includes emergency disaster aid. Republicans were expected to support it, after Democrats removed a debt-limit increase that the G.O.P. had refused to back.
That left uncertain the fate of the legislation to raise the statutory limit on federal borrowing, which is on track to be breached by Oct. 18 if Congress does not increase it. House Democrats appear to have the votes to pass their bill, which would lift the cap until Dec. 16, 2022, but Senate Republicans have blocked efforts to advance such legislation in their chamber, where 60 votes are needed to move most measures.