Article 5QG9Q Senate Republicans sow disinformation after $480bn US debt ceiling deal

Senate Republicans sow disinformation after $480bn US debt ceiling deal

by
Hugo Lowell in Washington
from on (#5QG9Q)

Republicans claim cap must be lifted to pay for Biden's economic agenda - a sign of party's approach to once non-partisan issues

Top Republicans in the Senate are advancing a campaign of disinformation over the debt ceiling as they seek to distort the reasons for needing to raise the nation's borrowing cap, after they dropped their blockade on averting a US debt default in a bipartisan manner.

The Senate on Thursday passed a bill to allow the debt ceiling to be raised by $480bn through early December, which the treasury department estimates will be enough to allow the government to temporarily avert an unprecedented default on $28tn of debt obligations.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/us-news/rss
Feed Title
Feed Link http://www.theguardian.com/
Reply 0 comments