Investor Alert

Sept. 20, 2021, 3:54 p.m. EDT

McConnell: Republicans won't support legislation that includes raise for debt limit

Senate Minority Leader Mitch McConnell on Monday said Senate Republicans won't support legislation that raises the federal borrowing limit, reiterating his view that Democratic lawmakers should go it alone on that matter. The two top Democratic lawmakers, House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer, said earlier Monday that the House this week will pass legislation that will prevent a government shutdown and include a suspension of the debt limit through December 2022.

Link to MarketWatch's Slice.