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| Republicans in Congress have a ticking time bomb that's motivating them to not stall too long in their efforts to pass President Donald Trump's so-called 'One Big Beautiful Bill Act.' NBC News reported Wednesday that top Republicans in both the House of Representatives and U.S. Senate are eager to pass H.R. 1 -- the 1,037-page tax and spending bill currently being debated in the Senate -- before the United States is scheduled to exceed its statutory borrowing limit in mid-July. Senate Majority Leader John Thune (R-S.D.) told the network 'there is no plan B' if Congress fails to raise the debt ceiling in the next six weeks. Presumably, a backup plan should Republicans fail to increase the debt ceiling in a party-line bill would be to make concessions to Democrats in order to win over enough support from the opposition party to pass the legislation. |
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At www.alternet.org from AlterNet
At www.alternet.org from AlterNet
