House GOP leaders consider extending debt limit to Sept. 30

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House GOP leaders consider extending debt limit to Sept. 30
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House GOP leaders consider extending debt limit to Sept. 30 – by fx_ross UnitedStates DollarIndex

ccording a person familiar with their deliberations, a step that would allow more time to resolve an impasse with Democrats, Bloomberg reportred.''The strategy is merely an option under consideration, and it isn’t clear whether the Democratic-controlled Senate or White House would agree to briefly putting off a reckoning on the debt ceiling, said the person, who asked not to be identified. Roll Call reported earlier that the idea was being discussed.

''President Joe Biden lashed out at Republicans on Thursday, saying he would not negotiate on the debt limit and accusing the GOP of threatening the American public with financial turmoil to extract political concessions.''as a bargaining chip,” Biden said at an event with union workers in Springfield, Virginia. “In the United States of America, we pay our debts.

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