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

Political Wire

New York

United States

Lawmakers Close In on Debt-Ceiling Deal

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.

Ad Fontes Media

All Sides

Media Bias/Fact Check

The Washington Post

Jeff Bezos

Democrats, Republicans eye potential 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.

Portland Press Herald

MaineToday Media

Portland

Cumberland County

Maine

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

(Bloomberg) -- Republicans and Democrats in Congress moved closer to resolving a partisan impasse over raising the government’s debt ceiling without taking the nation to the brink of default.Continue Reading. Read more on Politics by BloombergQuint.

Bloomberg Quint

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Mumbai

Maharashtra

India

Congress Moves Toward Deal to Raise Nation’s Debt Ceiling

“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…

Goddard Media LLC

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…

The Daily Wire

Ben Shapiro

Nashville

Davidson County

Tennessee

Lawmakers Reach Deal On Debt Ceiling Measure

Wall Street Journal

Murdoch family

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

Advance Publications

Liberty Media

Capital Group Companies

Mitsubishi UFJ Financial Group

Nippon Life

Meiji Yasuda Life

Norinchukin Bank

Resona Holdings

Sumitomo Mitsui Trust Holdings

Masayoshi Son

JPMorgan Chase

Citigroup

Baillie Gifford

Congressional leaders close in on deal to raise debt ceiling

Democratic Party

Republican Party

Politics

North America

Washington DC

North American Politics

Washington DC Politics

US Politics

Washington

District of Columbia

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.

Lawmakers Close In on Debt-Ceiling Deal

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics