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McConnell Offers Solution To Democrats For Their ‘Self-Created’ Debt Crisis

Mitch McConnell

Senate Minority Leader Mitch McConnell offered Democrats a solution for their “self-created” debt ceiling crisis on Wednesday.

McConnell noted that Senate Republicans have been warning Democrats that they would need to use the reconciliation process to raise the debt ceiling for nearly three months, but Democrats have refused to do so.

“The unified Democratic government had two and a half months to address the debt limit through reconciliation,” McConnell said in a statement. “Instead, they drifted to the doorstep of yet another self-created Democrat crisis. Whether through miscalculation or a deliberate effort to bully their own members into wrecking the Senate, top Democrats have risked adding a default crisis to the inflation crisis, border crisis, and Afghanistan crisis they have already created.”

McConnell then offered a temporary suspension of the debt ceiling so the United States could avoid default, and the Democrats could pass a permanent solution to their most recent crisis.

“Republicans remain the only party with a plan to prevent default. We have already made it clear we would assist in expediting the 304 reconciliation process for stand-alone debt limit legislation. To protect the American people from a near-term Democrat-created crisis, we will also allow Democrats to use normal procedures to pass an emergency debt limit extension at a fixed dollar amount to cover current spending levels into December. This will moot Democrats’ excuses about the time crunch they created and give the unified Democratic government more than enough time to pass standalone debt limit legislation through reconciliation. Alternatively, if Democrats abandon their efforts to ram through another historically reckless taxing and spending spree that will hurt families and help China, a more traditional bipartisan governing conversation could be possible.”

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