House Passes Debt Ceiling Extension, Increase

by: OAN Newsroom
2021-10-13
Source: OAN
10/13/2021

1982-APR-Roll-2-WashDC-TakeoffArriveTWA_0022 by David Prasad is licensed under flickr Attribution-ShareAlike 2.0 Generic (CC BY-SA 2.0)

Democrats used their slim majority to pass a bill to extend and raise the debt ceiling. The House of Representatives passed a package of bills in a 219-to-206 vote on Tuesday, one of which made this happen.

The law raises the debt limit by $480 billion, which the Treasury Department said is enough to let the federal government pay its bills through December 3. Top Democrats in the House tried to lecture Republican lawmakers for their near universal opposition to the bill.

“Mr. Chairman, we both went in that restaurant, we both got a steak, neither one of us ought to leave without paying the bill,” stated Rep. Steny Hoyer (D-N.Y.), House Majority Leader. “It wasn’t just you who went and got the steak, we got a steak too and we both have the responsibility to pay for that steak. That’s what this vote is about.”