Republicans say Democrats have the votes to raise the debt limit on their own, and Kentucky Republican Leader Mitch McConnell insists they do so.
The short-term spending legislation will also provide approximately $ 28.6 billion in disaster relief for those recovering from Hurricane Ida and other natural disasters, and will help support Afghan evacuees from the 20 year war between the United States and the Taliban.
“It’s a good result, I’m happy we’re done,” said Senate Majority Leader Chuck Schumer, DN.Y. “With so much going on in Washington, the last thing the American people need is for the government to stop.”
Once the government is funded, albeit temporarily, Democrats will turn their full attention to the need to raise the federal borrowing ceiling, which now stands at $ 28.4 trillion.
The United States has never defaulted on its debts in the modern age and historically both sides have voted to increase the limit. Democrats have joined the Republican majority in the Senate three times under President Donald Trump. This time, Democrats wanted to address both priorities in one bill, but Senate Republicans blocked that effort on Monday.
Increasing or suspending the debt limit allows the federal government to pay off obligations already incurred. It does not authorize new spending. McConnell argued that Democrats should adopt a debt limit extension with the same budget tools they use to try to push through a $ 3.5 trillion effort to expand social safety net programs and fight against climate change. He reiterated the warning when the Senate opened on Thursday, even as Democrats called the option “not launched.”