House Democrats have prepped legislation that would allow them to get around Speaker McCarthy on the debt ceiling — but only if they have some Republican support.
WASHINGTON — House Democrats on Tuesday pressed forward with a Plan B to raise the federal borrowing limit without any strings attached, as the Treasury Department warned the nation was inching closer to its first debt default in history.
Minority Leader Hakeem Jeffries, D-N.Y., sent a letter to colleagues informing them that Democrats are taking steps to give Congress another option to avert a debt default as President Joe Biden rejects demands by House Republicans for deep spending cuts.
Jeffries said that Massachusetts Rep. Jim McGovern, the top Democrat on the influential Rules Committee, has filed a special rule that would allow a clean bipartisan debt ceiling bill to be brought to the floor without the support of Speaker Kevin McCarthy and his leadership team.
The backup option, however, still faces big hurdles. To pass the lower chamber, it would need backing from all Democrats and a handful of rank-and-file House Republicans. Then it would need to be approved by at least 60 senators to defeat a GOP filibuster.
“The filing of a debt ceiling measure to be brought up on the discharge calendar preserves an important option,” Jeffries wrote his colleagues. “It is now time for MAGA Republicans to act in a bipartisan manner to pay America’s bills without extreme conditions.”
The Jeffries letter comes one day after Treasury Secretary Janet Yellen informed McCarthy and Congress that the U.S. will hit its borrowing limit and face a potential default as early as June 1, sooner than previously expected.
“Democrats aren’t gonna let procedure hold us up from getting what needs to be done, done” and won’t be “caught flat-footed,” said a senior House Democratic aide. But the source conceded that Republicans would still need to sign on to a discharge effort and, if unified, would have the power to block it.
Earlier Tuesday, McCarthy accepted an invitation from Biden to visit the White House on May 9 to discuss the debt ceiling. It would be their first substantive meeting on issues since Feb. 1.