Economy

Key Senate Dem warns GOP on debt limit

Key Senate Dem warns GOP on debt limit

US Senate Budget Committee Chairwoman Patty Murray (D-Wash.) warned Republicans Friday not to seek concessions in exchange for raising the nation’s debt ceiling.

According to Press TV, Murray, fresh off negotiating a two-year budget deal with her House counterpart Rep. Paul Ryan (R-Wis.), said Democrats will not negotiate over raising the debt ceiling.
She writes in a letter sent to her Senate colleagues “We will not negotiate over whether or not the United States of America should pay its bills.”
The letter argues that GOP threats to refuse to increase the debt ceiling are empty because the party knows that would lead to a default on US payments that would cause widespread economic damage. She also noted that the debt ceiling was suspended in October without real concessions

Back to top button
Close