Dems take GOP's short-term debt fix offer, kicking deadline to December
Democrats are planning to accept an offer from Mitch McConnell to let them raise the debt ceiling into December without a GOP filibuster, multiple senators said after a closed-door caucus meeting on Wednesday.
The move effectively kicks the can two months on the fight over the debt. But even as Democrats accepted part of the Senate minority leader’s entreaties, they said they will not bend on rejecting his demands that they use the laborious process of budget reconciliation to pass a longer debt ceiling increase.
Democrats accepted the deal because...