Dems Declare Victory On Debt Ceiling With Short-Term Extension

October 6, 2021
EDITORS' NOTE: TPM is making our COVID-19 coverage free to all readers during this national health crisis. If you’d like to support TPM's reporters, editors and staff, the best way to do so is to become a member.

Senate Democrats will accept a short-term increase in the debt limit that would raise the ceiling high enough to stave off default until December, a kick-the-can quick fix floated by Minority Leader Mitch McConnell (R-KY) on Wednesday afternoon. Democrats will reportedly not accept an increase in the debt ceiling through budget reconciliation.

The situation sets up a new debt-ceiling showdown for later in 2021.

Follow our live coverage below:

Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Associate Editor:
Investigations Desk:
Senior Editor for Content Strategy and Audience Development:
Editor at Large:
General Counsel:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: