Chuck Schumer wants to publicly eviscerate Republicans' debt ceiling bill, which he says has 'no hope of ever becoming law'
, Schumer said that Senate committees will start holding hearings this week"to expose the true impact of this reckless legislation on everyday Americans." That includes a Senate Budget Committee hearing on Thursday.
Schumer also made explicit that the bill is essentially dead on arrival. Schumer, like House Democrats, is referring to the legislation as the"Default on America Act." "The Republican Default on America Act does nothing to actually resolve the looming debt crisis, and it has no hope of ever becoming law," Schumer wrote."If anything, the MAGA House Republicans actions have increased the likelihood of default."
Senate Democrats are showcasing that the the debt ceiling fight is far from over, a precarious situation as the country is mere months away from a potentially catastrophic default. Last week, Speaker of the House Kevin McCarthy justhis Limit, Save, Grow Act of 2023 after making last-minute concessions to some members of his party.
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