Democrats Unveil Debt Ceiling Reform Act to Prevent Repeat of GOP Hostage-Taking

In the wake of President Joe Biden and Congress just barely averting an economically catastrophic U.S. default, a pair of Democratic leaders on Friday introduced a bill intended to stop Republican lawmakers from holding the economy hostage again. Contending that the recent crisis proves the current process “is broken and unsustainable,” House Budget Committee Ranking Member Brendan Boyle (D-Pa.)…

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This post was originally published on Latest – Truthout.