Treasury Secretary Janet Yellen has starkly warned that “failing to raise the debt limit would produce widespread economic catastrophe” if Congress does not act measures are not taken before mid-October.
The groups coming to the White House represent a swath of ideologies and key factions for Biden to attempt to bridge. He will first be meeting with Pelosi and Senate Majority Leader Chuck Schumer of New York.
Later in the afternoon, he will meet with a group of House and Senate moderates, including Sens. Joe Manchin of West Virginia, Mark Warner of Virginia, Jon Tester of Montana, Kyrsten Sinema of Arizona, and Reps. Josh Gottheimer of New Jersey, Stephanie Murphy of Florida, Steven Horsford of Nevada, and Suzan DelBene of Washington.
Manchin and Sinema are key moderate votes in the Senate. Both met with Biden last week and have vocally called for the overall pricetag of the sweeping economic agenda to be significantly reduced. Gottheimer, mientras tanto, has been among those in the House holding firm on pushing for a vote on the bipartisan package by the promised Monday deadline.
In another round of meetings, Biden will meet with top progressives, including independent Sen. Bernie Sanders of Vermont, chairman of the Senate Budget Committee, Significado. Ron Wyden of Oregon, Brian Schatz of Hawaii, and Patty Murray of Washington, and Reps. Pramila Jayapal of Washington, Mark Pocan of Wisconsin, Jim McGovern of Massachusetts, and Barbara Lee of California.
Jayapal has been unequivocal in saying she and her caucus will vote against the $ 1.2 trillion bipartisan infrastructure package next week if the $ 3.5 trillion social safety net bill isn’t ready. She doubled down on Tuesday in a private meeting with Pelosi.
Both Democratic leaders and White House officials are in agreement, sin embargo, that now is the moment to unify and pass something. Delivering on what was promised is paramount from a policy and political perspective ahead of the 2022 elecciones intermedias.