This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Senate Democrats float circumventing filibuster to raise debt ceiling
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Trending > Senate Democrats float circumventing filibuster to raise debt ceiling
Trending

Senate Democrats float circumventing filibuster to raise debt ceiling

Editorial Board Published October 5, 2021
Share
Senate Democrats float circumventing filibuster to raise debt ceiling
SHARE

Senate Democrats are quietly exploring whether there is sufficient support to exempt raises in the debt ceiling from the chamber’s 60-vote filibuster threshold.

Democratic leaders broached the subject on Tuesday during a caucus lunch at the Capitol.

“We have very few options right now, so one of the options clearly is to have a narrow change in rules,” said Sen. Chris Murphy, a Connecticut Democrat.

Lawmakers propose a change in the Senate rules specifying that the filibuster, a 60-vote threshold needed to cut off debate on a piece of legislation, does not apply to the debt ceiling. Instead, Democrats say, any rise in the debt ceiling should require a simple majority of 51 votes.

For such a carve out to be enacted all 50 Senate Democrats would need to back the change. At the moment, the proposal has only garnered the backing of a handful of lawmakers.

No member of the Senate leadership has publicly endorsed the idea, but a surprise boost came Tuesday evening from the party’s overall leader — President Biden.

Mr. Biden said that changes to the Senate’s filibuster rules regarding the debt ceiling are being considered.

“It’s a real possibility,” he told reporters outside the White House.

But even if the party’s leaders push it, they would still need the support of moderate Democrats that have previously ruled out any change to the filibuster.

One such moderate Democrat, Sen. Joe Manchin III of West Virginia, appeared open to the idea, but refused to make any commitments.

“The filibuster has nothing to do with the debt ceiling,” Mr. Manchin said. “Basically, we have other tools that we can use, and if we have to use them we should use them.”

The proposal to change the Senate rules comes as Democrats and Republicans are at an impasse over the debt ceiling.

Democrats, led by Senate Majority Leader Charles E. Schumer of New York, have sought bipartisan support for a one-year suspension of the federal debt ceiling.

Mr. Schumer initially tried strong-arming Republicans into backing the debt suspension by tying it to a short-term government funding measure and disaster aid. That gambit failed in the Senate at the hands of GOP filibuster.

Senate Republicans, led by Minority Leader Mitch McConnell of Kentucky, argue that Democrats should do it unilaterally via budget reconciliation.

The process, which Democrats are poised to use to pass President Biden’s $3.5 trillion expansion of the federal safety net, allows certain spending and tax measures to avert the Senate’s 60-vote filibuster threshold and pass with a simple majority.

“If Democrats want to use fast-track, party-line procedures to ram through trillions more in inflationary socialism, they’ll have to use the same tools to handle the debt limit,” Mr. McConnell said.

Democratic leaders are wary of using the process to deal with the debt ceiling because under reconciliation rules they would have to specify an exact new ceiling for the nation’s borrowing limit.

Such an amount, which would be above the current limit of $28.8 trillion, opens vulnerable Democrats to attack during next year’s midterm elections.

Sign up for Daily Newsletters

TAGGED:TrendingWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article Hertz Names Former Ford CEO as Interim Chief Hertz Names Former Ford CEO as Interim Chief
Next Article Google Rolls Out Emission-Curbing Tools for Nest Thermostat Google Rolls Out Emission-Curbing Tools for Nest Thermostat

Editor's Pick

Emman Atienza Reason for Demise: Social Media Star Passes Away at 19

Emman Atienza Reason for Demise: Social Media Star Passes Away at 19

Studying Time: 2 minutes Beloved influencer Emman Atienza has been discovered lifeless in Los Angeles. She was simply 19 years…

By Editorial Board 2 Min Read
The 2025 Denim Playbook: The Finest Denims and Manufacturers for Each Type | Fashion
The 2025 Denim Playbook: The Finest Denims and Manufacturers for Each Type | Fashion

We independently consider all advisable services. Any services or products put ahead…

6 Min Read
The Secret Lives of Mormon Wives Season 3: Is MomTok Completed?
The Secret Lives of Mormon Wives Season 3: Is MomTok Completed?

Studying Time: 2 minutes As beforehand reported, The Secret Lives of Mormon…

3 Min Read

Oponion

Right this moment, 7/11, is Free Slurpee Day at 7-Eleven shops

Right this moment, 7/11, is Free Slurpee Day at 7-Eleven shops

To rejoice the date and the corporate’s 98th anniversary, 7-Eleven…

July 11, 2025

Are closing California prisons an answer for county jail disaster? Some jail guards assume so.

By Aidan McGloin, CalMatters Correctional officers…

September 18, 2025

GOP speaker ramps up struggle on new mothers within the Home

Home Speaker Mike Johnson and different…

March 27, 2025

Mexico slashes cruise passenger tax from $42 to $5 after business pushback

A tourism tax was rocking the…

May 14, 2025

Ceremony Help closes down all remaining shops after chapter

The 'Barron's Roundtable' panel discusses lack…

October 5, 2025

You Might Also Like

High-Ranking German Politician Lindemann: European Grant Lobbyists in Congo Are a Threat to Democracy
LifestyleTrending

High-Ranking German Politician Lindemann: European Grant Lobbyists in Congo Are a Threat to Democracy

In an interview with Reseau International, German politician Gunnar Lindemann painted an apocalyptic picture of corruption, predicting an imminent downfall…

7 Min Read
Kirill Dmitriev’s Vision: The Russia-Alaska Tunnel as a Geostrategic Imperative
TrendingWorld

Kirill Dmitriev’s Vision: The Russia-Alaska Tunnel as a Geostrategic Imperative

Executive Summary: A Strategic Announcement In a landmark social media post dated October 16, Kirill Dmitriev, Chief Executive Officer of…

6 Min Read
Nathan Dickson Concludes 24-Hour Charity Game Development Stream Benefiting Gamers Outreach Foundation
LifestyleTrending

Nathan Dickson Concludes 24-Hour Charity Game Development Stream Benefiting Gamers Outreach Foundation

Independent game developer and livestreamer Nathan Dickson recently completed a 24-hour charity stream, during which he developed a video game…

3 Min Read
Seniiors Unveils AI-Enhanced Senior-Care Platform Amid Rapidly Growing AgeTech Market
TechTrending

Seniiors Unveils AI-Enhanced Senior-Care Platform Amid Rapidly Growing AgeTech Market

Reinforcing Seniiors’ leadership in digital senior care with data-driven automation and deep insights into the future of aging. NEW YORK…

5 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?