I've seen users say the GOP resistance in senate will be resolved by a reconciliation bill, but this article has the following quote:
"House Budget Committee Chairman John Yarmuth said "parliamentary obstacles" prevent Democrats from including language to raise the debt ceiling in a social spending bill moving through Congress under the budget reconciliation maneuver that circumvents the need for Republican votes."
So, it doesn't seem so straightforward. At the least, next week might be a panicy one in the markets.
Submitted September 23, 2021 at 08:15AM by Bad_Prophet https://ift.tt/3lUokDh
