The Senate passed a bill to increase the US debt limit to open the path; sent to Biden's desk

2021-12-13 10:20:41 By : Ms. May Liu

The U.S. Senate voted to pass a piece of legislation to expedite the process of passing a bill raising the federal government’s $28.9 trillion debt limit to avoid default in the United States.

The voting result of the measure was 59 votes to 35 votes, and 10 Republicans joined Democrats in supporting the bill. Senate Minority Leader Mitch McConnell (R-Ky.) is one of those in favor. Prior to this, 14 Republicans stood on the side of the Democrats and ended the debate to advance the bill.

The legislation will enable the Senate to pass a second separate bill to raise the debt ceiling by a certain amount by a simple majority, rather than requiring 60 votes in a 100-member House to overcome the obstruction bill. Without the support of Republicans, Democrats will be able to use their majority to raise the debt ceiling.

The rule allowing simple majority voting was combined on Tuesday with an unrelated rule that would prevent Medicare from cutting payments to healthcare providers.

Now, the legislation will be submitted to President Joe Biden’s desk for his signature.

Senate Majority Leader Chuck Schumer (DN.Y.) said in a speech after voting on the measure: "I am very happy that we can promote a process with supporting members from both parties to avoid unnecessary catastrophic defaults. "This is a process of bipartisan cooperation. I hope there can be more. I want to thank the leader of McConnell for cooperating with us sincerely to achieve this."

Republicans privately and the Senate complained about the deal. Although they do not have to vote for an increase in the debt limit, they have paved the way for the Senate to enter the final vote.

Senator John F. Kennedy (R-La.), who voted against advancing the plan, said: "Agreement has been reached and let us-anyway some of us think so-between voting for heart attack or cancer. Out of choice."

Senator Lisa Murkowski (R-Alaska) said supporting the measure "is the right thing to do, because the last thing this country needs is breach of contract."

Senator Mike Lenz (RS.D.) stated that he voted against because "[Democrats] have been spending money on a party basis without Republican opinion," adding, "So they have Obligation to raise the debt ceiling at this time."

Previously, the House of Representatives passed the bill by a vote of 222 to 212, and only one Republican joined the ranks of all Democrats to support the measure.

Congress voted in October to raise the debt ceiling by US$480 billion, from US$28.4 trillion to US$28.9 trillion. Treasury Secretary Janet Yellen told Congress that the current debt limit is sufficient for the Treasury Department to provide funding for government operations until December 15.

The specific amount of the increase in the debt ceiling has not been disclosed. However, it is expected that the Senate and House of Representatives will vote on the second debt restriction enforcement bill on December 14.

Failure to suspend or raise the debt ceiling will result in an unprecedented default, which will allow the government to use only cash that enters the Ministry of Finance to pay bills.

The Associated Press and Reuters contributed to this report.