Pelosi: Congress won’t raise debt ceiling without Republicans

By Susan Ferrechio

Published September 8, 2021 3:30pm ET

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Pelosi: Congress won’t raise debt ceiling without Republicans — Speaker of the House Nancy Pelosi, D-Calif., meets with reporters following escalation of tensions this week between the U.S. and Iran, Thursday, Jan. 9, 2020, on Capitol Hill in Washington. The House will vote Thursday on a measure limiting President Donald Trump's ability to take military action against Iran as Democratic criticism of the U.S. killing of a top Iranian general intensified. | AP Photo / J. Scott Applewhite

House Speaker Nancy Pelosi said Congress will not raise the soon-to-expire federal borrowing limit without the help of Republicans, setting up a spending showdown that could soon leave the Treasury lacking the funds to pay the nation’s bills.

The California Democrat made the pledge hours after receiving a letter from Treasury Secretary Janet Yellen warning that the Treasury will run out of borrowing authority in October.

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Congress Debt Ceiling Janet Yellen Mitch McConnell Nancy Pelosi