: Schumer says Senate could act ‘as soon as today’ to raise debt limit, but Republicans struggle to round up votes


Democrats and Republicans in the Senate looked on track Thursday to prevent a U.S. default this month, with Senate Majority Leader Chuck Schumer announcing that a vote on lifting the federal borrowing limit could happen later in the day.

“We have reached agreement to extend the debt ceiling through early December, and it’s our hope that we can get this done as soon as today,” the New York Democrat said in a brief floor speech in the morning.


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