“This is it: Senate scrambles on last-minute deal as debt deadline looms”

NBC NEWS

By Carrie Dann, Political Reporter, NBC News

With world watching, Congress against wall for last-minute fiscal solution

The nation is just hours away from a crucial deadline to avert default on its debts and Washington remains muddled in a risky legislative process that has the American people and the rest of the world holding its collective breath.

After a furious day of Republican proposals ended with a thud and no House votes to advance a plan, lawmakers have even less time to approve a measure to increase the nation’s borrowing power and end a dragging government shutdown.

Senate leaders say they are closing in on a deal that could pass the upper chamber with bipartisan support but it’s unclear how fast they can get it to the president’s desk.

FULL  ARTICLE

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