« This will moot Democrats’ excuses about the time crunch they created, » McConnell said in a statement about his offer.
Senate Minority Leader Mitch McConnell has offered a deal to Democrats to try to avert a potentially catastrophic debt crisis, ahead of a looming deadline this month. The details remain unclear. « We haven’t seen anything in writing, » Senator Debbie Stabenow, a Michigan Democrat, told reporters on Wednesday. But it appears Democrats are willing to cut an agreement with Republicans that would extend the debt limit into December. « This will moot Democrats’ excuses about the time crunch they created and give the unified Democratic government more than enough time to pass standalone debt limit legislation through reconciliation, » McConnell, a Kentucky Republican, said in a statement on his offer. The debt ceiling fight comes as Democrats have tried to forge a path forward on two key Biden agenda items: a $1 trillion infrastructure package and as much as $3.
