There is broad bipartisan consensus that Congress should enact legislation to reform the federal energy project allowing a priority. When lawmakers will act — as part of debt ceiling negotiations or through separate talks — looms as a big question as the June 1 deadline approaches for raising the debt limit.
In a Senate Energy and Natural Resources Committee hearing on the authorization on May 11, Chairman Joe Manchin III, DW.Va., noted that in addition to his introduced bill – which fell as a defense authorization amendment in fiscal 2023 – with proposals from the committee’s ranking member, John Barrasso, R-Wyo., and from Senate Environment and Public Works ranking member Shelley Moore Capito, RW.Va.
The committee’s chairman, Thomas R. Carper, D-Del., pledged his own proposal, and the House Republicans’ energy bill includes allowing provisions also in their bill to raise the debt ceiling. .
While the bill passed by the House is considered dead on arrival in the Senate, some are floating the idea that a compromise on the debt ceiling could include allowing provisions.
The US Chamber of Commerce says a consent agreement must be included in any deal to reach the debt limit. Rep. Garret Graves, R-La., said the authorization could be a place negotiators could compromise on a final deal on the debt ceiling. But with the June 1 deadline, the Senate’s move made it impossible to reach any agreement on the renovations.