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Parties agree to debt-ceiling deal, pending votes in Congress

Parties agree to debt-ceiling deal, pending votes in Congress

Senate Majority Harry Reid and Senate Minority Leader Mitch McConnell announced Sunday night that they had come to an agreement on a deal that would raise the debt limit and reduce the deficit.

 

McConnell Sees Debt Deal ‘Very Close’ as Senate Nears Vote

McConnell Sees Debt Deal ‘Very Close’ as Senate Nears Vote

Senator Mitch McConnell, the key Republican negotiator, expressed optimism that a $3-trillion deal could be reached to avert a federal default. A Senate procedural vote is scheduled for 1 p.m.

 

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