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.
- Senate Nears Deal To Break Fiscal Impasse (soshitech.com)
- Lawmakers hope Senate leaders can break fiscal impasse as deadline looms (reuters.com)
- US senators hint at possible fiscal deal on Tuesday – Reuters (reuters.com)
- Senate seeks debt ceiling deal as default looms (politicalcrazyness.tumblr.com)
- Senate seeks debt ceiling deal as default looms (shortformblog.com)
- As Debt Limit Deadline Nears, Concern Ticks Up But Skepticism Persists (drhiphop85.com)