Senate Republicans block new Schumer bid to suspend U.S. debt ceiling
U.S. Senate Majority Leader Chuck Schumer (D-NY) speaks to reporters following the Senate Democrats weekly policy lunch at the U.S. Capitol in Washington, U.S., September 28, 2021. REUTERS/Elizabeth Frantz
WASHINGTON (Reuters) - Republicans in the U.S. Senate on Tuesday blocked an attempt by Democratic leader Chuck Schumer to hold a vote to suspend the federal debt limit. The measure would have allowed Democrats to raise the borrowing authority on their own, bypassing the chamber's usual 60-vote margin.
(Reporting by David Morgan; Editing by Mohammad Zargham)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Stripe’s OpenRouter deal signals a new race to control AI economics
- Why this strategist thinks longer-term outlook for stocks is "unfavorable"
- Is the global equity rally broadening? UBS weighs in
Create E-mail Alert Related Categories
General News, Politics, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share