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McConnell Warns Yellen that GOP Won’t Help Raise Debt Limit

by Headline USA
September 16, 2021
in Economy
McConnell Warns Yellen that GOP Won’t Help Raise Debt Limit

Janet Yellen/AP Photo (Associated Press) Senate Minority Leader Mitch McConnell has warned Treasury Secretary Janet Yellen he is not budging on his demand that Democrats go it alone on the federal debt limit, deepening the emerging standoff in Congress over how to boost the government’s borrowing authority.

Doug Andres, a spokesman for McConnell, said the Kentucky Republican reiterated in a phone call Wednesday evening with Yellen that Republicans will not partner with Democrats to lift the cap on federal debt, which now stands at $28.4 trillion.

“The leader repeated to Secretary Yellen what he has said publicly since July: This is […]

Read the rest of this story here: headlineusa.com

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