McConnell Says Democrats Have Time for Go-It-Alone Vote on Debt
- Treasury estimates space to avert default ends in October
- Senior Democrat said his party lacks time to sort issue on own
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Democrats have plenty of time to use a partisan approach to raise the debt ceiling without Republican votes, Senate Minority Leader Mitch McConnell said, challenging the argument of a senior House Democrat that the clock had likely run out on that option.
McConnell said on the Senate floor Thursday it would take Democrats “about a week or a little more” to use the so-called budget reconciliation procedure to raise the debt limit. Senate Democrats have so far resisted employing that tactic, saying that the effort should be bipartisan -- as it has been in the past.