Debt Ceiling Will Not Be in $3.5 Trillion Budget: Pelosi

Debt Ceiling Will Not Be in $3.5 Trillion Budget: Pelosi
Speaker of the House Nancy Pelosi (D-Calif.) speaks at a weekly news conference at the U.S. Capitol in Washington, D.C., on Feb. 25, 2021. Al Drago/Getty Images
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Speaker of the House Nancy Pelosi (D-Calif.) said in a press conference today that Democrats will not be adding provisions to increase the debt ceiling to Sen. Sanders’ (I-Vt.) $3.5 trillion budget.

This announcement came as tensions between Democrats and Republicans over raising the debt ceiling have been brewing since the beginning of August. Republicans, unhappy with the spending level of the federal government, have threatened not to vote for an increase to the debt limit if Democrats do not dramatically slow their spending.

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