Democratic Senator Worries About GOP Support for Debt Deal Amid Threat of Global Financial System Collapse.

1 min read
Source: POLITICO
Democratic Senator Worries About GOP Support for Debt Deal Amid Threat of Global Financial System Collapse.
Photo: POLITICO
TL;DR Summary

Sen. Chris Murphy (D-Conn.) expressed concern that there may not be enough Republican support to pass the debt deal reached by the White House and House Republican negotiators. He believes that there is a group of Republicans who want to see the U.S. default, which would put Social Security benefits, federal salaries, payments to Medicaid providers, and veterans’ benefits at risk and rock global markets. The bill needs to be passed by both chambers of Congress before June 5 to prevent default, but Murphy is worried about the speed with which it can be sent back to the president.

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