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Durbin, Boyle Introduce Bicameral Legislation To End Cycle Of Republican Default Brinkmanship

Press Release

Date: June 9, 2023
Location: Washington, D.C.
Issues: Economy and Fiscal Government Budget and Spending

"After a near catastrophic default thanks to political games by our Republican colleagues, it's time to put the debt ceiling in the hands of the Treasury Secretary. For the sake of the American people and for the good of our economy, we need legislation to reform the way we address the debt ceiling. TheDebt Ceiling Reform Act is responsible, commonsense legislation that will give the Treasury the authority to raise the debt ceiling. If Republicans are truly concerned about the economic well-being of America, they will work with us on this sensible solution."


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