![]() ![]() In response, I proudly worked with my colleagues on both sides of the aisle to pass five bipartisan bills that provided relief to save millions of jobs and small businesses,” said Senator Tillis. “When COVID reached our shores last year, our country faced an unprecedented economic threat that caused millions of Americans to lose their jobs and businesses across the country to potentially close their doors. Any consequences to the nation’s finances would be Democrats’ alone, a result of their cowardice in not raising the debt ceiling in the one measure they can pass on a party-line basis, the $3.5 trillion tax-and-spend bill. Because 46 senators have promised to oppose such an increase, Democrats would be unable to raise the debt ceiling to accommodate their reckless spending. ![]() Such measures, unlike the budget resolution, would face a 60-vote threshold. This means they would have to demand such a debt increase in a later measure, such as a continuing resolution in the fall. While Democrats are able to impose the vast expansion of federal spending on a strictly party-line basis as part of the “reconciliation process,” in a budget resolution that would drive the federal debt to $45 trillion, they appear unwilling to include a debt ceiling increase to accommodate the reckless debt levels in that Democrat-only measure. Senator Thom Tillis (R-NC) recently co-led a letter with 46 Republican senators announcing they will not vote to increase the debt ceiling, “whether that increase comes through a stand-alone bill, a continuing resolution, or any other vehicle.” Such a debt ceiling increase would be one of the dire consequences of Democrats’ proposed $3.5 trillion reckless spending spree contained in the budget resolution now before the Senate. ![]()
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