Democrats say they will accept McConnell debt ceiling offer

Democratic senators on Wednesday signaled they will accept a proposal by Senate Minority Leader Mitch McConnell (R-Ky.) to raise the debt limit for two months to avoid a potential economic crisis.

Sen. Tammy Baldwin (D-Wis.) noted that accepting McConnell’s offer to vote to raise the debt limit to a certain number high enough to cover the nation’s financial obligations until December would amount to “a temporary victory.”

“In terms of a temporary lifting of the debt ceiling, we view that as a victory, a temporary victory with more work to do,” she told CNN's Jake Tapper. 

Baldwin made her comments after leaving a closed-door Senate Democratic Conference meeting where lawmakers discussed McConnell’s offer floated earlier in the day.

Senate Majority Leader Charles Schumer (D-N.Y.) is expected to announce his party's position on McConnell's offer Wednesday afternoon.