Senate Democrats tee up bill that would just prevent government shutdown

Senate Democrats tee up bill that would just prevent government shutdown
Senate Democrats tee up bill that would just prevent government


The Democratic-run Senate is expected to vote Thursday morning on legislation that would just avoid a partial government shutdown by keeping the federal government funded into early December. “Tomorrow, the Senate will vote on legislation to prevent a needless shutdown, provide long-sought emergency funding to help Americans still reeling from natural disasters, and provide funding to help re-settle Afghan refugees,” Senate Majority Leader Chuck Schumer, the New York Democrat, tweeted Wednesday evening.

In a floor speech earlier in the day, Schumer said of the bill: “We can approve this measure quickly and send it to the House, so it can reach the president’s desk before funding expires at midnight tomorrow.” Republican senators have blocked a House-passed bill that would prevent a shutdown but also would raise the federal borrowing limit, putting pressure on Democrats to deliver a measure that only would address a shutdown. Top House Democrats had been suggesting that exactly such a measure was in the works, with Majority Leader Steny Hoyer saying Tuesday that his chamber’s leaders were talking to the Senate about that. Read: Here’s what would happen if Washington doesn’t prevent a government shutdown Senate Minority Leader Mitch McConnell, the Kentucky Republican, has argued repeatedly that Democratic lawmakers ought to go it alone to lift the debt limit through a process known as budget reconciliation, similar to how they’re working to pass a $3.5 trillion spending plan without GOP votes. Democrats have maintained that the increase should happen through a standard process and draw bipartisan support, with House Speaker Nancy Pelosi, the California Democrat, saying it’s paying “the Trump credit card.” Related: Congress must raise or suspend debt limit by Oct. 18, Yellen says And see: What happens if the U.S. defaults on its debt? Meanwhile, Pelosi and other top Democrats also are facing pressure from progressive colleagues who say they won’t support a $1 trillion bipartisan infrastructure bill that has passed the Senate unless the party’s $3.5 trillion package moves ahead in tandem. See: Pelosi signals House vote on bipartisan infrastructure bill may not occur Thursday Also read: Here’s what’s in the bipartisan infrastructure bill that the House aims to pass — and how it’s paid for U.S. stocks
DJIA,
+0.26%
largely gained Wednesday, in the wake of the S&P 500’s
SPX,
+0.16%
biggest percentage drop in more than four months on Tuesday.



Source link

Binance

Be the first to comment

Leave a Reply

Your email address will not be published.


*