McConnell: ‘Zero chance’ Congress doesn’t raise debt limit

by Sylvan Lane
August 22, 2017

Senate Majority Leader Mitch McConnell (R-Ky.) pledged Monday that lawmakers and the president wouldn’t allow the United States to default on its debt this fall, risking a global financial crisis.

McConnell said there is “zero chance” Congress won’t raise the debt ceiling — the legal limit on how much the federal government can owe — before the Treasury Department runs out of ways to delay a default.

The Congressional Budget Office and outside experts have projected the Treasury to exhaust its repayments options sometime in September or October.

“There is zero chance — no chance — we won’t raise the debt ceiling,” McConnell said during a Louisville, Ky., event with Treasury Secretary Steven Mnuchin.

9 Comments - what are your thoughts?

  • dmttbt says:

    Mitch McConnell said there is 0 chance that the senate will not raise the debt limit. YOU CAN SAY THAT AGAIN. They have continuously raised our debt and we operate in a deficit situation. Is that what they are bragging about? DO THEY HAVE ANYTHING TO BRAG ABOUT?

  • Ramon1710 . says:

    “There is zero chance — no chance — Congress is going to act fiscally responsible,” McConnell said. “Spend, spend, spend,” he sang while skipping off into the distance.

  • mudguy1 says:

    The Rino’s are being led by Mcconnell, Ryan and the others like sheep follow them. They are accomplishing what President Lincoln predicted.

    “America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves.”

    ― Abraham Lincoln

    Thank you Rino’s

  • Tiger says:

    O chance that you, Ryan, McCain, Rubio and many other Progressive/Communist/Socialist, will be back in congress next time round.

    1. dmttbt says:

      I WOULDN’T BET ON THAT. Haven’t you noticed we keep getting the same crooks repeatedly? If not it is someone as bad or worse. I vote for changing the ballot to include none of the above.

      1. Born in the South and proud says:

        Sorry to say but all that would accomplish is to gurantee the dumb butts would be reelected. We The People have the ability to correct many of these wrongs. We need to research those that are running and vote for the betterment of our country instead of voting for ole good buddy because he got my road paved. The ultimate power is in the hands of the people. We just need to do a better job of electing our representatives.

  • American Me says:

    Mitch McConnell is the worst Majority Leader the Senate has ever had.He cannot get any important Bills through to be signed by the President.If he Can’t do it or won’t do his job for any reason, then he should step down so we can continue with the plan to MAGA.Yes he can spend our money but other than that he is one of the Resistance.Trying to stop the President.He must go!! and McCain another member of the resistance should just retire.

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