Thursday, February 13, 2014

GOP leaders help Senate pass large increase in debt limit

GOP leaders help Senate pass large increase in debt limit

Congress approved a massive increase in the federal debt Wednesday, but only after Republican leaders linked arms and jumped together, helping Democrats pass a plan that will let President Obama borrow as much money as needed to cover federal obligations over the next 13 months.
The vote was about as dramatic as they get.

Senate Minority Leader Mitch McConnell, Kentucky Republican, held out for 40 minutes before casting the key vote to break his fellow Republicans’ filibuster. His top lieutenants then followed suit, clearing the way for a final vote to approve the debt ceiling increase.