Congressional Democratic leaders on Sunday vowed to tackle the nation’s debt ceiling in coming weeks, saying their party’s election victories offer them leverage even as Republicans have promised a potentially explosive fight.
U.S. House Speaker Nancy Pelosi and U.S. Senate Majority Leader Chuck Schumer said they would act while President Joe Biden’s fellow Democrats control both chambers.
“Our best shot, I think, is … to do it now,” Pelosi told ABC News’ “This Week” program. “Winning the Senate gave us a lot of leverage for how we go forward… in the lame duck,” she said.
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