Senate GOP Blocks Bill to Raise Debt Limit, Avert Shutdown
- Government funding will run out Thursday without action
- Democrats may go it alone to raise debt limit in coming weeks
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Senate Republicans blocked a bill that would suspend the debt ceiling into December 2022 and keep the government operating past Sept. 30, forcing Democrats to find a new strategy to address two fast-approaching deadlines with acute economic consequences.
The 48-50 largely party-line vote fell well short of the 60 needed to advance the House-passed legislation to the floor.