With the October 18 deadline to raise the U.S. debt limit quickly approaching, Democratic senators are pressuring House Democrats to take action and force Republicans to vote on a bill to raise the debt limit. Democrats fear that a default would result in catastrophic consequences for the economy and are calling for swift action. While Republicans have vowed not to vote for an increase in the debt limit, Democrats argue that they must put country before politics and responsibly address the issue at hand. This mounting pressure from within the Democratic party adds an additional layer of urgency to an already high stakes situation. The possibility of a national default is a serious threat to the economy and the livelihoods of Americans, and it’s up to Congress to take action before it’s too late.
Today: November 30, 2023