{"id":1927199,"date":"2023-05-09T06:57:56","date_gmt":"2023-05-09T10:57:56","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-republicans-show-they-have-votes-to-block-debt-ceiling-bill\/"},"modified":"2023-05-09T07:01:13","modified_gmt":"2023-05-09T11:01:13","slug":"senate-republicans-show-they-have-votes-to-block-debt-ceiling-bill","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-republicans-show-they-have-votes-to-block-debt-ceiling-bill\/","title":{"rendered":"GOP Senate has enough votes to stop Debt Ceiling Bill."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsenate-republicans-show-they-have-votes-to-block-debt-ceiling-bill%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1927199&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Republican Senators Demand Spending Cuts in Debt Ceiling Negotiations<\/h2>\n<p>A group of 43 Republican senators have sent a letter to Democratic Senate Majority Leader Chuck Schumer, stating their opposition to voting on a bill that only raises the U.S. debt ceiling without addressing other priorities. Led by Senator Mike Lee and including Minority Leader Mitch McConnell, the Republicans argue that &#8220;substantive spending and budget reforms&#8221; must be a starting point for negotiations, citing an economy &#8220;in free fall.&#8221; <\/p>\n<p>While several moderates, including Senators Mitt Romney and Lisa Murkowski, did not sign the letter, the latest Senate Republican letter shows the party could block a so-called &#8220;clean&#8221; debt ceiling bill. With only a 51-49 majority in the Senate, Schumer would need the support of at least nine Republicans to clear a 60-vote threshold to advance such legislation.<\/p>\n<h3>The Consequences of Inaction<\/h3>\n<p>The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-doubles-down-on-call-for-clean-debt-ceiling-after-gop-debt-bill-passes-house\/\" title=\"Biden Doubles Down on Call for Clean Debt Ceiling After GOP Debt Bill Passes House\">political standoff<\/a> over the debt ceiling has raised concerns over a default that could reverberate across global financial markets. U.S. Treasury Secretary Janet Yellen warned in a recent letter to Congress that the agency may be unable to meet all of its debt obligations as soon as June 1 if the debt ceiling is not raised. <\/p>\n<p>U.S. President Joe Biden, a Democrat, has criticized Republicans for threatening not to raise the debt limit unless Democrats agree to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/customs-and-border-protection-may-lose-thousands-of-agents-due-to-vaccine-mandate\/\" title=\"Customs and Border Protection May Lose Thousands of Agents Due To Vaccine Mandate\">steep budget cuts<\/a>. Biden will meet with four top congressional leaders on Tuesday to discuss spending priorities, according to the White House.<\/p>\n<h3>The House&#8217;s Solution<\/h3>\n<p>The House passed a bill in late April to raise the government&#8217;s $31.4 trillion debt ceiling that <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-republicans-oppose-vote-just-to-raise-us-debt-ceiling-push-for-other-priorities\/\" title=\"GOP senators reject vote to increase US debt limit, prioritize other issues.\">includes sweeping spending cuts<\/a> over the next decade. However, that measure is not expected to pass in the Senate and would be vetoed by Biden if it did.<\/p>\n<p>It remains to be seen how negotiations will proceed, but one thing is clear: the consequences of inaction could be dire.<\/p>\n<ul>\n<li>43 Republican senators demand spending cuts in debt ceiling negotiations<\/li>\n<li>Political standoff raises concerns over a default that could reverberate across global financial markets<\/li>\n<li>U.S. Treasury Secretary warns agency may be unable to meet all of its debt obligations as soon as June 1 if the debt ceiling is not raised<\/li>\n<li>House passed a bill to raise the government&#8217;s debt ceiling that includes sweeping spending cuts over the next decade, but it is not expected to pass in the Senate and would be vetoed by Biden if it did<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>GOP senators say Democrats must agree to spending cuts A cyclist passes by the U.S. Capitol building, on the morning of the first day of the 118th Congress in Washington, DC, U.S., January 3, 2023. REUTERS\/Jon Cherry WASHINGTON (Reuters)\u2014A group of 43\u00a0Republicans\u00a0in the U.S.\u00a0Senate\u00a0said they oppose voting on a bill that only raises the U.S.<\/p>\n","protected":false},"author":66,"featured_media":1927200,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[3895,10142,5487,6203,3740,4030],"class_list":["post-1927199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon","tag-bill","tag-ceiling","tag-debt","tag-gop","tag-senate","tag-votes"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1927199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1927199"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1927199\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1927200"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1927199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1927199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1927199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}