Schumer advises Senate Dems to ready for potential debt ceiling vote on Friday.

Senate Democrats Prepare for Possible Vote on New Debt Ceiling Bill

“Due to the time it may take to process the legislation in the Senate without cooperation, Senators should prepare for potential Friday and weekend votes.”

Senate Majority Leader Chuck Schumer (D-NY) has urged Senate Democrats to prepare for a possible vote on the new debt ceiling bill as early as Friday. In a letter sent to party members in the Senate, Schumer stated that the Senate would vote on the bill as soon as possible, estimating that it would reach them around Friday after passing through the House. He also pledged to carefully read the text of the bill when it becomes available.

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“When the bill passes the House, I will move to immediately begin consideration of the agreement in the Senate,” Schumer said. He went on to praise President Joe Biden for striking a deal regarding the bill while criticizing Republicans for being “extreme.”

“I salute President Biden for protecting the American economy and delivering for American families by taking the threat of default off the table,” Schumer continued. “I look forward to seeing the language of the agreement and reviewing it carefully. I will continue to keep you informed as I get more information from the White House and the House of Representatives.”

Schumer was highly critical of Republicans throughout negotiations, arguing that refusing to raise the debt ceiling unless certain cuts were made was not the way of going about things. A tentative deal was reached between Biden and House Speaker Kevin McCarthy (R-CA) on Saturday.

What You Need to Know:

• Senate Democrats are preparing for a possible vote on the new debt ceiling bill as early as Friday.
• The bill must first pass through the House before reaching the Senate.
• President Joe Biden and House Speaker Kevin McCarthy (R-CA) reached a tentative deal on the bill on Saturday.
• Schumer praised Biden for protecting the American economy and criticized Republicans for being “extreme.”

Despite the challenges faced during negotiations, Schumer emphasized the importance of avoiding default and its grave consequences for the American people. Stay tuned for more updates on this developing story.

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