On the recordOctober 7, 2021
in a few moments, the Senate will pass an extension of the debt limit through early December, avoiding a first- ever, Republican-manufactured default on the national debt. On Monday morning, I said we needed to pass a bill to address the debt limit by the end of the week, and that is exactly what we did. Republicans played a dangerous and risky partisan game, and I am glad that their brinksmanship did not work. For the good of America's families, for the good of our economy, Republicans must recognize in the future that they should approach fixing the debt limit in a bipartisan way. What is needed now is a long-term solution so we don't go through this risky drama every few months, and we hope Republicans will join in enacting a long-term solution to the debt limit in December. We are ready to work with them. Leader McConnell and Senate Republicans insisted they wanted a solution to the debt ceiling, but said Democrats must raise it alone by going through a drawn-out, convoluted, and risky reconciliation process. That was simply unacceptable to my caucus, and, yesterday, Senate Republicans finally realized that their obstruction was not going to work. I thank very much my Democratic colleagues for our showing our unity in solving this Republican-manufactured crisis.…





