Posted on 09/27/2021 8:55:59 PM PDT by SeekAndFind
WASHINGTON, Sept 27 (Reuters) - A sharply divided U.S. Senate failed on Monday to advance a measure to suspend the federal debt ceiling and avoid a partial government shutdown, as Republican lawmakers denied the bill the votes necessary to move forward.
The legislation by President Joe Biden's Democrats was aimed at beating two fast-approaching deadlines that, if left unaddressed, threaten to destabilize the U.S. economy as it struggles to emerge from the COVID-19 pandemic.
The near party-line vote of 48 votes to advance against 50 opposed fell short of the 60 votes needed to push the bill ahead in the 100-seat Senate. Senate Democratic leader Chuck Schumer voted "no" to allow him to call another vote.
Democrats who narrowly control both chambers of Congress now have just three days to find another way to keep the government operating beyond Thursday - when current funding expires.
Republican Senator Richard Shelby predicted that lawmakers would not resolve the standoff any time soon. "Probably will be here Thursday," he told reporters.
Lawmakers also will have to figure out how to raise the debt ceiling to head off the risk of default, with independent analysts warning that the U.S. Treasury Department is likely to exhaust its borrowing authority fully sometime between Oct. 15 and Nov. 4.
Schumer, who has warned that a default would hammer the economy, said afterward that Democrats would take further action this week to avoid a government shutdown and debt default. He did not specify what the next step would be.
"Our country is now staring down the barrel of two Republican-manufactured disasters," he said on the Senate floor after the vote.
A government shutdown - or worse, a default - would be a huge hit to Biden's Democrats, who have positioned themselves as the party of responsible government
(Excerpt) Read more at reuters.com ...
The left spends money like they can just make it out of thin air, probably because that is exactly what they do. Democrats are proving they are power mad and also just making stuff up as they go along. I saw an article of the latest example, “Medical Experts Are Unsure Why Biden Thinks 98% Of Americans Need To Be Vaccinated”, and you can give that a look at DailyCaller. Even Fear Fuhrer Fauci claims 85%, up from his original lie of 60% (we are at 55.4% now). I didn’t want or need the stimulus but I took it since everyone else was getting in on the fiat currency. Spent mine on 2A.
Gee, they didn’t mind shutting down the rest of us and our businesses for months. F them.
The Senate filibuster is the only thing preventing our Republic from falling right now. It is designed to protect minority party rights, and along with the Electoral College (which is designed to prevent tyranny of large states over small; so POTUS can’t just campaign in NYC, LA, Chicago and Houston) prevent us from being a ‘democracy’[sic] like Canada with it’s 2x in a row minority party government or Israel with it’s 4 elections in just over a year.
Not just $1.9 TRILLION, but $1.9 TRILLION we do NOT have. It instantly became debt as they created that money out of thin air in order to spend it.
Index
I damn near spit out my coffee when I read that.
I think I heard McConnell say that they, the Pubbies, have a perfectly good bill to save the Country.
In a very calm voice, he said they have the way not to shut the country down, but continue without all the Dim garbage.
I hope Mitch succeeds.
I didn’t read the whole article, but I did NOT see any reference to the bill in what was posted.
Xoe will label/libel that “Insurrectionism”
“Sharply divided”, eh? C’MON, MAN!
Three days until barricades go up at the Vietnam memorial, Gettysburg, and a host of other places.
In the event of a shutdown, in addition to the usual Dem tactics I fully expect them to stand down Border Control and laughably blame Republicans for spreading COVID throughout the country.
I like it!
Are you f’n serious? The Murder Turtle likely has his very own version of the Dims spendapalooza that enriches him instead of Schmuckie Shumer. Why does ANYone believe anything that old bastard says?
Trump had a shutdown as well. Nothing was closed which shed the light on the chicken little hypocrit Democrats.
Meanwhile, the vast majority of Fedzilla is deemed essential, stays open, and continues screwing the country.
Government shutdown is an oxymoron.
I think only 15% closes
Senate Democratic leader Chuck Schumer voted "no" to allow him to call another vote... "Our country is now staring down the barrel of two Republican-manufactured disasters," he said on the Senate floor after the vote.
Partisan Media Shills alert.
Once the realize that they'll fold.
Winning for a change.
I work for the Fed, I say “Shut it down”
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