LIVE: Senate Debates Bill to Fast-Track Raising Federal Debt Ceiling
Published Date: 12/9/2021
Source: Bloomberg Quicktake: Now
(Dec. 9) The U.S. Senate advanced legislation creating a fast-track path to raise the federal debt ceiling, moving another step closer to closing off the risk of a government default. The 64-36 vote enables the full Senate to take up legislation giving the Democratic majority one-time authority to raise the country’s borrowing authority without threat of a GOP filibuster. It marks an about-face for Senate Republicans, who had vowed not to cooperate with Democrats on increasing the debt limit. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to our newest channel Quicktake Explained: https://bit.ly/3iERrup Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQu... Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake