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NEWSMAX: Former President Donald Trump accused Senate Minority Leader Mitch McConnell, R-Ky., on Wednesday of surrendering to Democrats regarding the debt ceiling.
Trump released a statement shortly after McConnell offered a short-term solution to delay a potential national default.
“Looks like Mitch McConnell is folding to the Democrats, again,” Trump said in a statement from his Save America PAC. “He’s got all of the cards with the debt ceiling, it’s time to play the hand. Don’t let them destroy our country!”
Experts estimate that a few weeks remain before the U.S. defaults on the national debt. Treasury Secretary Janet Yellen has said a default would spark an economic crisis and make the U.S. “a permanently weaker nation,” The Hill reported.
McConnell proposed a temporary solution that would allow Democrats to pass an emergency debt-limit extension without needing reconciliation to circumvent the filibuster or attempting to eliminate the filibuster.
Senate Democrats postponed a Wednesday vote as they considered McConnell’s proposal. It appeared the offer would be accepted.
Republicans wanted Democrats to address the debt limit alone, but Democrats insisted Republicans work with them because both parties approved the spending in the first place, partly in response to the COVID-19 pandemic.
The debt ceiling issue temporarily overshadowed Democrats’ efforts to pass President Joe Biden’s $3.5. trillion social-spending bill. Read the full story at Newsmax.