Here’s what we know…
Treasury Secretary Janet Yellen recently asked Republicans to join the Democrats and push to raise or suspend the debt ceiling before the U.S. federal government runs out of funds in October and Senate Minority Leader Mitch McConnell said NO.
According to Fox Business, McConnell stated, “The Leader repeated to Secretary Yellen what he has said publicly since July: This is a unified Democrat government, engaging in a partisan reckless tax and spending spree. They will have to raise the debt ceiling on their own, and they have the tools to do it.”
Later, a Treasury spokesperson said, Yellen will “continue to talk to Republicans and Democrats about the critical need to swiftly address the debt ceiling in a bipartisan manner, to avoid the catastrophic economic consequences of default.”
McConnell also expressed a similar attitude on Twitter, “Let’s be clear: With a Democratic President, a Democratic House, and a Democratic Senate, Democrats have every tool they need to raise the debt limit. It is their sole responsibility. Republicans will not facilitate another reckless, partisan taxing and spending spree.”