June 24, 2024

AndronETalksNews

AndronETalksNews

House OKs debt and funding plan, inviting clash with GOP

AP News

By LISA MASCARO and KEVIN FREKING – September 22, 2021

WASHINGTON (AP) — The House voted late Tuesday to keep the government funded, suspend the federal debt limit and provide disaster and refugee aid, setting up a high-stakes showdown with Republicans who oppose the package despite the risk of triggering a fiscal crisis.

The federal government faces a shutdown if funding stops on Sept. 30, the end of the fiscal year — midnight next Thursday. Additionally, at some point in October the U.S. risks defaulting on its accumulated debt load if its borrowing limits are not waived or adjusted.

Rushing to prevent that dire outcome, the Democratic-led House passed the measure by a party-line vote of 220-211. The bill now goes to the Senate, where it is likely to falter because of overwhelming GOP opposition.

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