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"The bad news is they've only extended the debt ceiling for six weeks".
The initial proposal by Ms. Collins would also have extended the debt ceiling only to Nov. 15, but at the request of Senate Democratic leaders, she and Mr. McConnell pushed it back to Jan . 31
Democrats and Republicans have extended the debt ceiling over 100 times since 1940, with little opposition (until 2011).
The House and Senate extended the debt ceiling, no strings, no filibusters (learning the Gallup Poll lesson) and the merging market central banks acted quickly to face reality of currency runs, proving they learned the Thailand lesson.
Similar(55)
The House votes to extend the debt ceiling to May 19.
And they must extend the debt limit through 2012.
The refusal to extend the debt limit endangered the American government and economy.
Both deals would fund government through 15 January and extend the debt limit though 7 February.
They would prefer that Republicans simply agree to extend the debt limit cleanly.
Such thinking is part of the strategy to threaten not to extend the debt ceiling for the federal government.
After all, they are the ones threatening to only extend the debt limit in return for fiscal belt-tightening.
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extended the train
extended the contract
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