As U.S. nears debt-ceiling ‘cliff,’ Senate Democrats to vote again

Published by
Reuters

By Richard Cowan and David Morgan WASHINGTON (Reuters) – U.S. Senate Democrats planned a third attempt on Wednesday to get Republicans to vote to raise the federal government’s borrowing authority and head off a catastrophic default, as one member warned they were “on the precipice now of the cliff.” After a months-long standoff in which Republican Senate leader Mitch McConnell repeatedly said his party would not vote to lift or extend the $28.4 trillion debt limit, President Joe Biden on Tuesday suggested he was open to changing the Senate’s filibuster rule to bypass the roadblock. Hours befo…

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