The US Senate was yesterday set to take up a bill to lift the government’s US$31.4 trillion debt ceiling, with just four days left to pass the measure and send it to US President Joe Biden to sign, averting a catastrophic default.
The top Democrat and Republican in the chamber vowed to do all they could to speed along the bill negotiated by Biden and US House of Representatives Speaker Kevin McCarthy, which would suspend the debt limit until Jan. 1, 2025, in exchange for a cap on spending.
It remained to be seen whether any members of their respective caucuses, particularly hardline Republicans angry the bill did not include deeper spending cuts, would use the Senate’s arcane rules to try to slow down its passage.
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The US Department of the Treasury said that it would be unable to pay all its bills on Monday next week if the US Congress fails to act.
The Republican-controlled House passed the bill on Wednesday evening in a 314-117 vote. McCarthy lost the support of dozens of his fellow Republicans.
“Once this bill reaches the Senate, I will move to bring it to the floor as soon as possible,” Senate Majority Leader Chuck Schumer said on Wednesday.
Senate Minority Leader Mitch McConnell also signaled that he would work for fast passage, saying: “I’ll be proud to support it without delay.”
Biden’s Democrats control the Senate by a thin 51-49 margin. The chamber’s rules require 60 votes to advance most legislation, meaning at least nine Republican votes are needed to pass most bills, including the debt ceiling deal.
The measure faces opposition from the right, with some Republicans angry the spending cuts were not deeper, and left, with some Democrats opposed to new work requirements imposed on some anti-poverty programs.
However, most lawmakers acknowledged they could not stomach the prospect of barreling ahead into default.
Schumer and McConnell were working behind the scenes to dissuade opponents from erecting procedural barriers that would delay passage.
Typically on important, contentious bills such as this one, the two Senate leaders find a way to allow just a couple of rebelling senators from each party to offer amendments under fast-track procedures, knowing they would lack the votes for passage.
“Unless you want to stay here through the weekend, I think some of our guys are going to need to get their votes” on their amendments, US Senator John Thune said.
Any Senate changes to the bill at this stage would mean it would have to go back to the House for final passage, a delay that could make the first-ever US government default a reality.
Republican US Senator Rand Paul who regularly seeks such last-minute amendments, told CBS News on Wednesday that he would not employ parliamentary procedures to delay action.
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More than 100 Taiwanese-Americans, Taiwanese lawmakers and members of civic groups on Saturday marched through New York City to call for Taiwan’s participation in the UN, with Marshall Island Permanent Representative to the UN John Silk joining the event to show support. Participants chanted: “UN for Taiwan” and “Keep Taiwan Free” as they marched through central Manhattan, passing Times Square and Bryant Park before ending near the New York Public Library. The annual march brought together Taiwanese community groups from across the US East Coast. Silk expressed hope that Taiwan would one day be able to participate in UN meetings
Two aides at independent Legislator May Chin’s (高金素梅) office were ordered detained incommunicado yesterday in a broadening probe into alleged Chinese espionage by Chin’s former chief of staff, Chang Chun-chieh (張俊傑). The move to hold Lin I-chun (林怡君) and current chief of staff Chen Chih-huang (陳智葟) in custody came four days after Chang, indicted on corruption charges, cut off his electronic monitoring wristband and jumped bail. The High Prosecutors’ Office said that it believes Chang had developed a Chinese spy ring, which might have operated for more than a decade, with funding from China, and that Lin and Chen were suspected of
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