Democrats Hit Impasse on Biden Agenda, Debt Ceiling Increase

  • Democratic factions remain at odds on tax and spending package
  • Deadlines looming for funding government, raising debt ceiling
Senate Democrats Seek Vote on Bill to Avoid Government Shutdown(Source: Bloomberg)
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Democrats hit a wall in their high-stakes effort to simultaneously avert a government shutdown, avoid a debt default and advance President Joe Biden’s $4 trillion agenda, as feuding gripped lawmakers and a looming economic catastrophe shook markets.

A group of progressive Democrats on Tuesday said they would defy House Speaker Nancy Pelosi and oppose a bipartisan infrastructure bill in a planned Thursday vote without separate legislation for the bigger piece of Biden’s economic plans, which is still under negotiation.