Lawmakers Close In on Debt-Ceiling Deal

Democrats, Republicans say they have a deal to avert another debt ceiling crisis

The apparent compromise comes 8 days before a critical fiscal deadline, averting what would have been another political and economic crisis.

Lawmakers Reach Deal On Debt Ceiling Measure

After negotiations regarding a debt ceiling increase, it appears that lawmakers reached an agreement on Tuesday using a tool that could appeal to both political parties. Leaders in the House of Representatives introduced a measure that would allow Democrats to ultimately increase the debt ceiling without any votes from Republicans. As The Wall Street Journal reported: The bill, which also prevents cuts to Medicare and other programs that threate…

Lawmakers Close In on Debt-Ceiling Deal

“House leaders introduced legislation that would pave the way for Democrats to raise the debt ceiling in the Senate without Republican support, as lawmakers closed in on a procedural agreement to resolve the partisan clash over lifting the government’s borrowing limit,” the Wall Street Journal reports.Punchbowl News: “It’s early, but our reporting this morning from Capitol Hill leads us to believe that House and Senate leaders have found a way t…

Democrats, Republicans eye potential deal to avert another debt ceiling crisis

Senate Majority Leader Charles E. Schumer (D-N.Y.) heralded “good progress” in ongoing talks with Senate Minority Leader Mitch McConnell (R-Ky.), while House lawmakers took early steps toward holding a vote in the evening.

Lawmakers Close In on Debt-Ceiling Deal

Proposed legislation would pave the way for Democrats to raise the limit in the Senate without Republican support

Congressional leaders close in on deal to raise debt ceiling

Senate Minority Leader Mitch McConnell, R-Ky., said Tuesday that he is “confident” he will have the votes necessary to pass the bill.