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9/20, 12:23 PM (Source: TeleTrader)
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Pelosi to seek debt limit rise past midterm elections - report

United States House of Representatives Speaker Nancy Pelosi is expected to attach an increase to the country's debt limit that will extend it past the 2022 midterm elections, according to a Punchbowl report published on Monday.

The report goes on to say that it is currently unclear how Pelosi wants to achieve the lifting of the debt ceiling but indicates that she could attach it to the government funding vote. If she doesn't, that leaves Pelosi with the option of having a stand-alone vote on the debt limit hike.

Last week, the White House remained optimistic that the debt limit will be raised, as it started a more aggressive push towards that goal, issuing a memo indicating the possible fallouts of a failure to raise the limit.

Breaking the News / OL