News of the U.S. Senate’s failure to advance government funding and debt ceiling measures

The United States faces two looming deadlines for government funding and debt ceilings, which could destabilize the economy.

The U.S. Senate failed to advance a measure aimed at avoiding partial government shutdowns and suspending the federal debt ceiling, after Republicans refused to support the proposal in the deeply divided House of Representatives.

Senate Democrats were unable to pass legislation on Monday, which will face two fast approaching deadlines. If not resolved, it could destabilize the U.S. economy when it is difficult to escape the COVID-19 pandemic.

Republicans received enough “no” votes to prevent the measure from proceeding in accordance with Senate regulations, which require 60 of the 100 members of the House of Representatives to approve the majority of the legislation.

Democrats, who control both houses of Congress by a narrow margin, now have only three days to find another way to keep the government operating beyond Thursday-when the current funding expires.

Legislators must also figure out how to raise the debt ceiling to prevent the risk of default. Independent analysts warned that the U.S. Treasury Department may exhaust its borrowing authority sometime between October 15 and November 4.

Al Jazeera’s Heidi Zhou-Castro reported on Capitol Hill that he said that the failure of the Senate vote means “time is passing”.

Chou Castro explained that lawmakers of major American political parties all want to prevent the government from shutting down and protect the United States from defaulting on debt, but they are divided on how to achieve these goals.

Senate Majority Leader Chuck Schumer accused Republicans of “more likely to default” on Monday [File: Alex Edelman/EPA]

“The bill made by Democrats failed to pass in the Senate to try to solve the debt ceiling and government shutdown… The problem is that Republicans have agreed to continue funding the government in the past week, but they said they will not help raise the debt ceiling,” she said. .

“Democrats must scramble to come up with another solution in an increasingly narrow window.”

Before voting on Monday, Senate Majority Leader Chuck Schumer warned that a breach of contract would hit the economy. “Republicans deliberately made defaults more likely,” he said in the Senate.

The government shutdown — or worse, a breach of contract — will deal a huge blow to President Joe Biden’s Democrats, who have positioned themselves as the responsible government party after the chaotic presidency of Republican Donald Trump.

Senate Republican Leader Mitch McConnell (Mitch McConnell) said that he will try to force the House of Representatives to vote to extend the appropriation, which is different from the terms of suspending the government’s $284.0 trillion debt limit until the end of 2022. This is not expected to succeed.

“If it were not for the strange strategy of the Senate Democratic leader, we could have a bipartisan vote today to fund the government,” he said in the Senate.

Republicans have said that they want Democrats to lift the debt ceiling on their own, saying they do not support the upcoming spending plan. Democrats pointed out that most of the new debt in the United States was generated during Trump’s administration.