Senate Democrats faced more pressure to map a new path forward on raising the debt ceiling, with Republicans expected to block another vote ahead of a potential default on U.S. financial obligations
WASHINGTON—Senate Democrats faced more pressure to map a new path forward on raising the debt ceiling, with Republicans expected to block another vote Wednesday ahead of a potential default on U.S. financial obligations later this month.
Senate Majority Leader Chuck Schumer is trying for the third time in two weeks to get around Republican opposition in the 50-50 chamber to pass a straightforward increase in the borrowing limit. Last week, he tried and failed in two Senate votes to clear the 60-vote hurdle standing in the way of lifting the cap on U.S. debt, currently at about $28.5 trillion.
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