Key BackgroundSenate Republicans voted Monday evening to block a House-passed continuing resolution aimed at keeping the government open through December because it included a provision to suspend the debt limit for another year. Though Democrats are eager to raise or suspend the debt limit to help shore up funds for the party’s lofty policy ambitions, many Republicans—who voted to suspend the debt limit three times under former President Donald Trump—have blasted the efforts, citing concerns over heightened inflation. During the 2019 shutdown, several major airports faced delays and even briefly stopped travel as the Transportation Security Administration dealt with labor shortages, CRFB reports. Further ReadingSenate Republicans Block Bill To Temporarily Fund Government, Raise Debt Limit (Forbes)Infrastructure Week At Last? Here's Everything Congress Aims To Tackle In The Coming Days (Forbes)House Passes Spending Bill To Avert Government Shutdown And Suspend Debt Limit—But Senate GOP Threatening To Kill It (Forbes)

Source: Forbes September 27, 2021 18:10 UTC