President Biden says Democrats are considering a change to the Senate's filibuster rule to sidestep GOP opposition to lifting the nation's debt limit. Getting rid of the rule would lower the typical 60-vote threshold for passage to 50.
The president’s surprise remarks come as the Senate is tangled in a fiscally dangerous standoff over a vote that’s needed to suspend the nation’s debt limit and allow the federal government to continue borrowing to pay down its balances. Congress has just days to act before theit will run short of funds to handle the nation’s already accrued debt load.
With Republicans putting up hurdles to the vote, Democratic senators have been discussing a range of options — including a carve-out to the chamber’s filibuster rules. Once a routine matter, raising the debt limit has become politically treacherous over the past decade or more, used by Republicans, in particular, to rail against government spending and the rising debt load, now at $28 trillion.
Biden has not backed earlier calls to end the filibuster for other topics — namely voting law changes. But Tuesday’s comments could signal a new phase.
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Biden: 'Real possibility' Democrats might change Senate rules for debt hikePresident Joe Biden said on Tuesday that his Democrats might make an exception to a U.S. Senate rule to allow them to extend the government's borrowing authority without Republican help, which could head off an economically crippling debt default.
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Biden calls for Senate to vote on debt limit increase this weekPresident Joe Biden called Monday for a Senate vote this week on raising the country's debt limit, saying opposition from Republicans could create 'a self-inflicted wound that takes our economy over a cliff.”
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Biden: Senate filibuster change on debt a 'real possibility'To get around Republican obstruction, President Joe Biden said Tuesday that Democrats are considering a change to the Senate's filibuster rules in order to quickly approve lifting the nation's debt limit and avoid what would be a devastating credit default. The president's surprise remarks come as the Senate is tangled in a fiscally dangerous standoff over a vote that's needed to suspend the nation's debt limit and allow the federal government to continue borrowing to pay down its balances. Biden has resisted any filibuster rule changes over other issues, but his off-the-cuff comments Tuesday night interjected a new urgency to an increasingly uncertain situation.
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Factbox-How could U.S. Senate Democrats raise the debt limit on their own?Minority Republicans want the Senate to use a parliamentary maneuver known as budget reconciliation, which would allow Democrats to act without Republican votes. Majority Leader Chuck Schumer has resisted that approach, preferring the measure to pass in regular order.
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Senate Democrats considering nuking filibuster for debt limit billsSenate Republicans want Democrats to use a complicated budget rule. Democrats are increasingly interested in just changing the rules.
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Factbox: How could U.S. Senate Democrats raise the debt limit on their own?The U.S. Congress has about two weeks to raise the federal government's $28.4 trillion debt ceiling or cause a historic default that would take a heavy toll on the economy.
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