House Majority Leader Steny Hoyer (D-Md.) signaled in a letter to colleagues on Saturday that the House may soon consider legislation to “remove” a debt limit threat, saying a vote could come as soon as this month.
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“The House will explore options to remove the threat that the debt limit poses over the long term, now that Republicans have demonstrated a willingness to weaponize it for partisan purposes,” Hoyer wrote. “The House may consider legislation as early as this month to do so.”
Calls among Democrats to drastically change the way the government’s borrowing limit is raised have increased since this month’s standoff over the debt ceiling, when Republicans refused to provide votes to raise the limit.
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