Democrats in the Senate To Try and Pass Measure To Increase Debt Ceiling

Could be unveiled today

Democrats controlling the Senate are planning to try to pass a stand-alone measure to increase the government's borrowing cap, challenging Republicans to a filibuster showdown that could unnerve financial markets as the deadline to a first-ever default on U.S. obligations draws closer.

A spokesman said Senate Majority Leader Harry Reid could unveil the measure as early as Tuesday, setting the table for a test vote later in the week. The measure is expected to provide enough borrowing room to last beyond next year's election, which means it likely will permit $1 trillion or more in new borrowing above the current $16.7 trillion debt ceiling that the administration says will be hit on Oct. 17.

Comments

[Owebama Is A Douchebag]

That incompetent dousheb*g walking fossil, Hairy Weed, can go to HE//.
F*CK those brain dead DUMBocrat Blowbama d*ck sucking pieces of SH*T. They have some nerve thinking they can make an end run around the Constitution...NO F*CKING MORE MONEY, where their excessive SPENDING has DESTROYED this once-great country. NO MORE F*CKING MONEY to fund the inept PresiDEBT's 'vacations' for he and his tranny "wife" Mooooochelle. Off to Gitmo with them all.