Senate GOP leader Mitch McConnell is offering Democrats an agreement on raising the U.S. debt ceiling into December, alleviating the immediate risk of a default.
The proposal would push back the partisan confrontation over the debt ceiling but not resolve it. It would increase the ceiling by a fixed dollar amount that would be sufficient to tide the Treasury over until December.
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October 07, 2021 at 12:53AM
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McConnell to Offer Short-Term Deal to Raise U.S. Debt Limit - Bloomberg
"term" - Google News
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