capitol washington DC
capitol washington DC

Democrats in the House of Representatives will consider getting rid of the arbitrary limit on how much money the U.S. government can borrow to fund operations.

House Majority Leader Steny Hoyer (D-Md.) said in a letter to fellow lawmakers over the weekend that “the House will explore options to remove the threat that the debt limit poses over the long term, now that Republicans have demonstrated a willingness to weaponize it for partisan purposes.”

Democrats have resisted abolishing the debt limit, insisting instead that Republicans join them in voting to temporarily suspend the borrowing ceiling or to increase it by an incremental amount, necessitating more voting and potential partisan clashes down the line.

Read the rest of the story at HuffPost