Heuer: House may vote this month to remove threat of debt sanctions

Texas News Today

House Majority Leader Steny Heuer, D-Md., after leaving the House Chamber on October 12, 2021 in Washington, DC. (Photo by Mandel NGAN/AFP via Getty Images)

OAN News Room
Updated at 1:30 p.m. Pacific Standard Time – Saturday, October 16, 2021

Despite the debt limit expansion, the Democratic Party aims to potentially vote to halt long-term debt limit threats.

House Majority Leader Steny Heuer (Democratic Party) said on Saturday that the House is considering removing the threat of debt sanctions earlier this month. He insisted that Republicans are effective in crushing efforts to raise the Democratic cap.

“Now that Republicans have shown a willingness to weaponize it for partisan purposes, the House of Representatives will seek options to eliminate the long-term threat of the debt cap,” Heuer wrote. “The House of Representatives may consider the legislation as early as this month.”

Some Democrats have suggested that the power to raise the debt limit should be transferred to the Treasury Secretary instead of Congress. But current Treasury Secretary Janet Yellen said US debt is something Congress has to deal with.

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