Senate Republicans on Debt and Deficit Negotiations
Minority Leader McConnell and other Senate Republican leaders spoke to reporters about the status of ongoing negotiations on the budget deficit and… read more
Minority Leader McConnell and other Senate Republican leaders spoke to reporters about the status of ongoing negotiations on the budget deficit and national debt reduction. Senator McConnell also spoke about a “last chance option” which would initially authorize a $700 billion rise in the debt ceiling, with a provision that Congress could disapprove of further increases. He said he thought the president would veto the measure, but that the White House could still raise the debt ceiling. close
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