5/25/2023

Democrats look to McConnell to throw them debt ceiling lifeline as deadline nears

 

May 25, 2023

The Democratic Marxists can always rely on Ol' Mitch to come through for them.

A growing number of Democrats are expressing hope that Senate Minority Leader Mitch McConnell (R-KY) and his GOP colleagues will get involved in debt limit negotiations as the deadline to avoid a default inches closer.

The debt ceiling, or the highest amount the federal government can borrow, will either need to be raised or abolished sometime next month to avert a default. Economists have long warned that such a default would wreak havoc on the economy. Treasury Secretary Janet Yellen said the United States will be unable to pay its bills by June 1.

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