Government Shutdown & Debt Default Still Looming After Senate Vote Fails | Lisa Remillard

Government shutdown & debt default still looming after Senate vote fails

September 27, 2021

We are three days away from a government shutdown — maybe a week or so away from defaulting on our federal debt and the Biden agenda could go straight down the tubes in a matter of days.

And as of right now – not one of those issues is resolved.

That’s because a Senate vote failed tonight on a bill that could have resolved two of the issues. I told you about the bill that would have avoided a government shutdown until December and suspend the debt ceiling until 2022 when it passed the house last week. That bill needed 60 votes to pass the Senate, and to no one’s surprise – not one Republican voted for it.

So now what? Well – Democrats are trying to come up with another way to keep the government funded and avoid a debt default. Lots of options have been tossed around. We’ll see what happens in the next 24 hours. Keep in mind, if they can’t figure it out, the government shuts down on Thursday and the federal government will default on its debt for the first time in history. Make no mistake that’s all really bad for all of us. I actually let you know how bad it could get for all of us in these videos.

Now to the House – where drama is plenty.

The house speaker postponed a vote on the $1.2 trillion bipartisan traditional infrastructure bill that was passed in the Senate last month. The house was supposed to vote on it today – but the vote has been pushed to this Thursday. That bill improves roads, bridges, eliminates lead water pipes, increases broadband – among many other things. I told you all about what’s in it –in this video. Here’s the thing –if no concessions are made — it’s possible democrats will sink their own bill. I know that sounds nuts. But the progressives and the moderates have been in-fighting about the much larger $3.5 trillion “human infrastructure” bill for weeks. Moderates say they won’t support it because it’s too expensive…and liberals say they won’t vote for the smaller traditional infrastructure plan unless they get the bigger one too. And it’s still a standoff.  The Democrats only have a three vote margin in the house and zero wiggle room in the Senate  – so really their entire caucus needs to vote yes. And right now that’s iffy.

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