Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

McConnell Tells Biden Republicans Won’t Cooperate on Debt Limit

EconomyOct 04, 2021 11:27AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Bloomberg. Senate Minority Leader Mitch McConnell, a Republican from Kentucky, arrives at the U.S. Capitol in Washington, D.C., U.S., on Thursday, Sept. 30, 2021. President Biden is poised to avoid a disruptive shutdown of the federal government, but deal-making continues on his economic agenda before a planned Thursday vote on an infrastructure package that underscores deep divisions among Democrats.

(Bloomberg) -- Senate Republican leader Mitch McConnell told President Joe Biden he should pressure Democratic leaders in Congress to go ahead and raise the debt limit on their own because the GOP won’t cooperate.

In a letter to Biden Monday, McConnell demanded that the president “engage directly with congressional Democrats on this matter” and said Republicans will not be changing their position.

“Bipartisanship is not a light switch that Speaker Pelosi and Leader Schumer can flip on to borrow money and flip off to spend it,” McConnell wrote, referring to Nancy Pelosi and Chuck Schumer. “Republicans’ position is simple. We have no list of demands. For two and a half months, we have simply warned that since your party wishes to govern alone, it must handle the debt limit alone as well.”

Biden plans to speak on Monday on the need for Congress to address the debt ceiling.

©2021 Bloomberg L.P.

McConnell Tells Biden Republicans Won’t Cooperate on Debt Limit
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (3)
jason xx
jason xx Oct 04, 2021 12:11PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
bullish
Mad Money
Mad Money Oct 04, 2021 12:01PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Turtle needs to go back in his shell
Jerry Gregor
Jerry Gregor Oct 04, 2021 12:01PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Moscow Mitch is a pathetic hyper-hypocrite
William Smith
William Smith Oct 04, 2021 12:01PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Damn, now he's acting exacting like Schumer acted under Trump.
Franklin Hazzard
Franklin Hazzard Oct 04, 2021 11:36AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Way to go!
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email