Fight Over Raising Debt Ceiling Intensifies: GOP Wants Spending Spree To End

(Washington, DC) — The fight over raising the federal debt ceiling is intensifying. Senate Majority Leader Chuck Schumer accused Republicans of playing risky and dangerous games by threatening to withhold support for another hike in the debt limit. Treasury Secretary Janet Yellen has warned the government could default on its obligations next month. Earlier, Senate Minority Leader Mitch McConnell said Republicans want to curb Democratic plans to significantly boost federal spending. Earlier, Senate Minority Leader Mitch McConnell said Republicans want to curb Democratic plans to significantly boost federal spending- and not raising the debt ceiling would be a responsible way to make progress toward that goal. With control of both houses, any federal shutdown will likely be blamed on the Democrats.