Senate majority leader Chuck Schumer (D-NY) is preparing to go head-to-head with House GOP leader Kevin McCarthy (R-CA) as the mid-year debt ceiling deadline approaches fast.
Senate majority leader Chuck Schumer is preparing to go head-to-head with House GOP leader Kevin McCarthy as the mid-year debt ceiling deadline approaches fast. After House Republicans demanded spending cuts in exchange for raising the ceiling, Schumer outlined what he thinks will be Dems’ winning response. “Unfortunately, [McCarthy] let a group of very extreme people, he gave them the tools” he told Politico.
And to let the American people understand that as well. And I think we’ll win.” If Congress can’t agree on a way to increase the ceiling, the U.S. wouldn’t be able to take on more debt and would be headed for a disastrous default. “No hostage-taking, no brinkmanship,” Schumer demanded. However, McCarthy fired back, criticizing Schumer’s December plan to pass a year-end spending bill.
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