Senate Democrats dismiss GOP Debt Bill in Budget Hearing
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There are 2,397 news articles covering this topic.
25% (606) are left-leaning, 57% (1,363) are centrist, and 18% (428) are right-leaning.
On Thursday, the White House floated the idea of a short-term debt limit hike to give President Joe Biden and House Speaker Kevin McCarthy more time for negotiations. Left-leaning articles highlight Democrats continuing to push for a “clean” debt bill and Republicans accusing Biden for waiting too long to negotiate, while right-leaning articles highlight the stalemate between the two parties as the debt default approaches.
The Hill published a centrist article reporting on a Budget Committee hearing where Senate Democrats criticized the GOP debt ceiling bill and its spending cuts. Democrats have pushed for a bill that would still raise the debt limit while excluding fiscal reforms. Biden will finally sit down with McCarthy next week to discuss the debt limit crisis and the incoming debt default. Measures to prevent the default have been implemented, with warnings that a breach of the debt limit could come as soon as June 1.
A left-leaning article by POLITICO highlighted that some Congress members oppose the idea of increasing the debt ceiling for a short period to buy time for more negotiations as the debt default approaches. Republicans accused Biden and Democrats of waiting too long to negotiate on the debt crisis, while Democrats continue to push for a “clean” bill with no federal spending cuts. POLITICO highlighted that Republicans seem to have the upper hand with McCarthy’s debt ceiling package being successfully passed in the House last week.
A right-leaning article by The Washington Times highlighted the White House’s idea to implement a short-term debt limit hike in order to give Biden and McCarthy more time to negotiate. With the risk of defaulting on more than $31 trillion approaching, Republicans have accused Biden of not being serious about negotiating on spending, while Biden stated he will not bargain on raising the nation's debt ceiling. With both parties in a “game of chicken” that could result in economic catastrophe, Treasury Secretary Janet Yellen warned Congress that it has until June 1 to raise the debt limit.
From the right
White House floats short-term debt limit hike ahead of Biden-McCarthy meeting
Washington Times