U.S. Senate's Schumer announces agreement to extend debt ceiling until early December"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.
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Senate moves toward short-term debt-ceiling agreement
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.
US Senate reaches deal to extend debt ceiling through early December – live
Dow up 530 points on news of Schumer-McConnell agreement reached over debt ceiling – follow all the latest news
U.S. Senate's Schumer announces agreement to extend debt ceiling until early December
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)
U.S. debt ceiling deal: Senate reaches agreement to avert crisis
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.
Senate readies vote to hike debt ceiling until December amid GOP tensions
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 ...
Schumer says the Senate reached an agreement on the debt ceiling
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.
Schumer announces deal to extend debt ceiling through early December
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.
Lawmakers have a deal on a short-term debt ceiling increase, Senate Majority Leader Schumer says
Senate Majority Leader Chuck Schumer announced that lawmakers have reached a deal on a short-term debt ceiling increase.
Senate Leaders Agree to Short-Term Debt Ceiling Increase
The agreement avoids catastrophic consequences of a default by the federal government, but runs only through early December.
Senate appears close to deal on short-term debt limit extension
Minority Leader Mitch McConnell is offering Democrats a plan to avert default for a couple of months, and Majority Leader Chuck Schumer says the sides are "making good progress" in talks.