U.S. Senate Majority Leader Chuck Schumer said Thursday lawmakers have reached an agreement to extend the country's debt ceiling through early December.

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U.S. debt ceiling deal: Senate reaches agreement to avert crisis

The Senate was close Wednesday evening to a short-term deal to raise the debt limit, postponing for a few months a showdown over how to craft a longer-term extension of the nation’s borrowing cap.

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Senate moves toward short-term debt-ceiling agreement

Senate Majority Leader Chuck Schumer said the Senate had reached an agreement on the debt ceiling, which would prevent the United States from defaulting on its full faith and credit, CNN reported. 

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Schumer says the Senate reached an agreement on the debt ceiling

The U.S. Senate dodged a debt disaster Thursday night, voting to extend the government's borrowing authority into December and temporarily avert an unprecedented federal default that experts warned would devastate the economy and harm millions of Americans.

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WASHINGTON - U.S. Senate Majority Leader Chuck Schumer said Thursday lawmakers have reached an agreement to extend the country's debt ceiling through early December. (Reporting by Susan Cornwell)

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U.S. Senate's Schumer announces agreement to extend debt ceiling until early December

WASHINGTON (AP) — Top Senate Dem: Deal reached with GOP to extend fed borrowing authority into December, temporarily averting debt crisis. 

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Top Senate Dem: Deal reached with GOP to extend fed borrowing authority into December, temporarily averting debt crisis

Senate Majority Leader Chuck Schumer announced Thursday morning that a deal has been reached for an extension of the nation's debt ceiling through early December, a major breakthrough to avert economic disaster that comes after weeks of partisan deadlock over how to resolve the issue.

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Schumer announces deal to extend debt ceiling through early December

Senate Democrats and Republicans reached a deal on Thursday to avert a default on U.S. debts until early December, but it remains to be seen how many GOP lawmakers will fall in line.Senate Majority Leader Charles E. Schumer announced a deal with GOP leaders to raise the federal debt ...

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Senate readies vote to hike debt ceiling until December amid GOP tensions

By Clare Foran and Ali Zaslav, CNNThe Senate is gearing up to vote Thursday evening to extend the nation’s debt limit through early December after Democrats and Republicans reached a deal to avert economic disaster following weeks of partisan deadlock over the issue.At around 7:30 p.m. ET, the Senate is slated to vote to break a filibuster on the agreement to raise the debt ceiling, which needs 60 votes to succeed.LIVE UPDATES: The latest on the…

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Senate gears up to vote to extend debt ceiling through early December - Local News 8

By Ali Zaslav and Clare Foran, CNNSenate Majority Leader Chuck Schumer announced Thursday morning that a deal has been reached for an extension of the nation’s debt ceiling through early December, a major breakthrough to avert economic disaster that comes after weeks of partisan deadlock over the issue.“We have reached agreement to extend the debt ceiling through early December and it’s our hope that we can get this done as soon as today,” Schum…

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Majority Leader Charles E. Schumer (D-N.Y.) announced the truce during a brief statement on the Senate floor, noting the deal would permit the country to continue borrowing to pay its bills into early December. Schumer said that lawmakers “hope we can get this done as soon as today.”

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Senate leaders announce short-term deal to raise debt ceiling $480 billion into December

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"Our hope is to get this done as soon as today," Senate Majority Leader Chuck Schumer declares. Wall Street continued to rally on the news. The agreement will allow for raising the debt ceiling by about $480 billion. Congress has just days to act before the Oct. 18 deadline when the Treasury Department has warned it would run short of funds.

U.S. Senate's Schumer announces agreement to extend debt ceiling until early December

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