NTEU Chapter 296
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  • SUMMARY: The Senate passes legislation to provide a mechanism for Congress to address the debt limit with a simple majority vote.
    Dec 10, 2021

    SUMMARY:  The Senate passes legislation to provide a mechanism for Congress to address the debt limit with a simple majority vote.

    After a bipartisan vote of 64 to 36 earlier today to close debate on the bill, the Senate passed S.610, which would avert billions of dollars in impending Medicare cuts to hospitals, doctors and other providers that are set to take effect early next year as well as provide a mechanism to allow Congress to address the debt limit with a simple majority vote.  The bill now heads to the President, who is expected to sign it.

    As you know, the bill would suspend Senate filibuster rules for a debt ceiling increase for about a month to allow Democrats to raise the debt ceiling to a specific amount.  This would allow the Senate to pass legislation to address the debt limit with a simple majority vote instead of requiring 60 votes.  Treasury Secretary Janet Yellen has warned that the federal government could run out of the ability to borrow more money as early as December 15.  If Congress fails to either raise or suspend the debt ceiling, the Treasury will be unable to continue paying the nation’s bills and the federal government will have to at least temporarily default on many of its obligations. 

    Congress must now pass legislation to actually increase the debt limit, which is expected to occur early next week.  NTEU will continue to keep you updated on these developments.  For more information click here.


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  • NTEU Chapter 296

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