President Trump called on congressional Republicans not to make any concessions to Democrats on extending the debt ceiling. In a statement on Wednesday, our 45th president said the debt ceiling was the only powerful tool the GOP had in fiscal talks with the Democrats.
Measures to prevent a government shutdown passed in the House and are now headed to the Senate. In a party line vote Tuesday, all House Democrats supported a bill to fund the government through the beginning of December. The bill also suspends the debt ceiling until the end of 2022.
Senate Republicans told Democrats if they wish to raise the debt ceiling, they will have do so in purely partisan fashion. Federal government funds will run out by the end of this month if Congress fails to agree on a federal budget.
Sen. Ted Cruz (R-Texas) unveiled a plan to fight Democrat attempts to pass sweeping reform without input from the GOP. This comes as tensions on Capitol Hill heat up as Democrats attempt to use their slim majority to raise the national debt limit.
Senate Minority Leader Mitch McConnell (R-Ky.) said Republicans would continue to stand against raising the debt limit. McConnell’s comments came on Tuesday as many have worried if the debt limit was raised, it would give Democrats the ability to push through their partisan $3.5 trillion spending package.