The U.S. Senate on Thursday passed and sent to President Joe Biden the first of two bills needed to raise the federal government's $28.9 trillion debt limit and avert an unprecedented default.
By 12:30PM this afternoon, the Senate will meet to decide whether to approve an unusual bill which would allow Senate Democrats to pass legislation without the participation of Senate Republicans.
The bill, passed in the House on Tuesday, would effectively act as a fast-track process. If approved in the Senate, laws would require only 51 votes in the Senate to pass, giving those in favor of increasing the federal debt before default the ability to do so entirely without bipartisan support.
This measure requires 10 Republican Senators to vote yes to pass.
If this measure does not survive this procedural vote, the United States has less than a week before defaulting on its debt. This is the first major attempt to avert default, prevent an economic recession, and ensure Social Security beneficiaries see no interruption in the delivery of their benefits. Should it fail, legislators will need to scramble to come up with alternative strategies to prevent the default.
Senate Minority Leader Mitch McConnell worked personally to come up with this strategy, giving his blessing to the measure as a viable path forward without compromising the stance of his party.
“I think this is in the best interest of the country, by avoiding default.”
But now we need YOUR help to make sure BOTH parties work together today to prevent this default.
PLEASE. RIGHT NOW. CALL YOUR SENATORS. TELL THEM SENIORS ARE DEPENDING ON TODAY’S PROCEDURAL VOTE TO AVOID A FEDERAL DEBT DEFAULT.
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