U.S. Senate Democrats, Republicans haggle over short-term debt fix

Published by
Reuters

By Susan Cornwell and Makini Brice WASHINGTON (Reuters) – U.S. Senate Democrats and Republicans were expected to continue negotiating on Thursday to avert a debt crisis after Democrats showed openness to a Republican offer to allow an extension of the federal debt ceiling into December. Democrats called off an early Wednesday afternoon vote after the Senate’s top Republican, Mitch McConnell, floated the plan that would buy a couple of months to resolve the issue. But it could also just kick the can down the road until late this year, when Congress also faces a deadline for funding the governme…

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *