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Lawmakers Close In on Debt-Ceiling Deal

Summary by Ground News

House Democrats are tying the debt limit increase to legislation to avoid cuts next month in Medicare reimbursements, farm and other programs. Some key Senate Republicans signaled initial support for the maneuver. House Speaker Nancy Pelosi sent the legislation to the House Rules Committee, which has scheduled a 1 p.m. meeting.

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Portland Press Herald

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.

3 years ago·Portland, United States

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The Daily Wire

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…

3 years ago·Nashville, United States

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Political Wire

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…

3 years ago·New York, United States

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The Washington Post

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.

3 years ago

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