Mitch McConnell is playing Russian Roulette with this economy. It is totally irresponsible, underline irresponsible. — Senate Majority Whip Dick Durbin of Illinois
Mitch McConnell is playing Russian Roulette with this economy. It is totally irresponsible, underline irresponsible. — Senate Majority Whip Dick Durbin of Illinois
McConnell says GOP will not vote to raise debt ceiling, setting up clash in Congress
McConnell's threat prompted outrage from top Democrats, warning the GOP leader is playing a dangerous game that could tank the US economy. Republicans argue that it's not uncommon for the majority party to shoulder the burden for increasing the debt limit, a politically toxic vote for lawmakers up for reelection.

"I can't imagine there will be a single Republican voting to raise the debt ceiling after what we've been experiencing," McConnell said in an interview with Punchbowl News published Wednesday.


Senate Majority Leader Chuck Schumer blasted McConnell in remarks on the Senate floor Wednesday morning, calling them "shameless, cynical and totally political."

"This debt is Trump debt," Schumer added. "It's Covid debt. Democrats joined three times during the Trump administration to do the responsible thing and the bottom line is that Leader McConnell should not be playing political games with the full faith and credit of the United States. Americans pay their debts."

Senate Majority Whip Dick Durbin of Illinois and Finance Committee Chairman Ron Wyden of Oregon also criticized McConnell's comments on Wednesday.

"Mitch McConnell is playing Russian Roulette with this economy," Durbin said. "It is totally irresponsible, underline irresponsible."

Wyden added, "I want it understood as chairman of the Senate Finance Committee, I am not going to let anybody take our economy hostage."

... The issue is seen as politically treacherous but critical in order to avoid a debt default because Republicans will undoubtedly use this as a talking point ahead of the 2022 midterms as they try to take back the majority in both chambers of Congress. On Wednesday, Sen. Lindsey Graham, a South Carolina Republican, is holding a news conference on what he's describing as "Democrats' reckless tax and spending spree."

Republicans, however, voted to approve increases in the debt ceiling under former President Donald Trump, and McConnell did not mention in the Punchbowl interview that under his own leadership of the Senate last year, members approved an additional $1.4 trillion in spending to fight the coronavirus and fund the federal government.

Treasury Secretary Janet Yellen said last month that unless Congress acts, America could exhaust its ability to borrow this summer, even after the federal government takes steps to buy extra time.
Read the full article: https://www.cnn.com/2021/07/21/politics/mitch-mcconnell-debt-ceiling-republicans-democrats-reconciliation/index.html