Democrats signaled they would take up Senate Republican leader Mitch McConnell’s offer to raise the U.S. debt ceiling into December, alleviating the immediate risk of a default but raising the prospect of another bruising political fight near the end of the year.
Senate Majority Leader Chuck Schumer said early Thursday that the two sides were “making good progress” and that he hoped to have an agreement worked out by the morning.
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October 07, 2021 at 04:01AM
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Democrats Signal They'll Accept Short-Term Debt Ceiling Hike - Bloomberg
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