Sen. Cornyn Helps Make Way for $480 Billion Debt Ceiling Increase

  • by:
  • Source: The Texan
  • 10/08/2021
With a gesture of falling on his sword, Sen. John Cornyn (R-TX) cast his vote Thursday evening to end the filibuster on a bill to raise the debt ceiling by $480 billion, paving the way for Democrats to unanimously pass the measure. 

Cornyn, along with 10 other Republicans in the U.S. Senate, ended the filibuster as the conclusion of weeks-long haggling over the debt ceiling between GOP and Democratic leadership in the chamber.

U.S. Treasury Secretary Janet Yellen sent a letter to Congress on September 28, warning lawmakers that the “Treasury is likely to exhaust its extraordinary measures if Congress has not acted to raise or suspend the debt limit by October 18.”

Republicans have expressed opposition to raising the debt ceiling, particularly as Democrats have pushed for a $3.5 trillion spending package that would funnel funding toward Democratic priorities like immigration and “tackling the climate crisis.”
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