Schumer Says Senate Will Stay In Session Until Debt Limit Bill Passes

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Senate Majority Leader Chuck Schumer (D-NY) has said that the Senate will “stay in session until we send a bill avoiding default to President Biden’s desk.”  The House passed the Fiscal Responsibility Act by a vote of 314-117, with 149 Republicans and 165 Democrats voting to approve it.  But passage through the Senate could be complicated, with Senators from both parties saying that they want to add amendments to the bill, which would force the bill back to the House for another vote.  The deadline to pass the bill is Monday, the date Treasury Secretary Janet Yellen said the government could go into default unless there is a debt increase.  Schumer is opposed to adding any amendments saying, “There is no good reason to bring this process down to the wire.”