Reuters
Biden: ‘Real possibility’ Democrats might change Senate rules for debt hike
President Joe Biden said on Tuesday that his Democrats might make an exception to a U.S. Senate rule to allow them to extend the government’s borrowing authority without Republican help, which could head off an economically crippling debt default. As a stalemate between Republicans and Democrats showed no sign of abating, Biden said there was a “real possibility” that his party would bypass the long-standing supermajority voting requirement known as the filibuster (https://www.reuters.com/world/us/what-is-us-senate-filibuster-why-is-everyone-talking-about-it-2021-03-10) for dealing with the debt limit. That would allow Democrats, who hold a razor-thin Senate majority, to suspend the federal government’s $28.4 trillion borrowing cap without Republican votes.
