Democrats Urge Biden to End Debt Limit Standoff

The House recessed on Friday after a week that saw the chamber approve legislation to raise the debt limit by a party-line vote of 217-215, with four Republican defections. Although the measure will not be considered in the Senate, President Joe Biden has threatened to veto it and continues to insist on a clean debt limit increase.

While Senate Majority Leader Chuck Schumer (D-NY) has voiced support for Biden’s position, there is not sufficient support in the Senate for a clean debt limit increase, and a growing number of House and Senate Democrats have urged the president to negotiate an end to the current standoff.

With the Treasury Department this week expected to announce the “X date” when the debt limit will be reached, Schumer has announced the Senate will hold hearings to highlight the implications of the House-passed legislation, were it to become law.