Home / Civilian / Report: Senate Close to Budget, Debt Agreement

Report: Senate Close to Budget, Debt Agreement

Capitol_BuildingSenate leaders have hinted the chamber is closing on a deal to end the federal shutdown and avoid a possible default later in the week, the Chicago Tribune reported Monday.

Both Democratic Majority Leader Harry Reid and Republican Minority Leader Mitch McConnell expressed optimism about a bipartisan agreement after a round of budget talks Monday, according to the report.

“We hope that with good fortune … that perhaps tomorrow will be a bright day,” Reid said, according to the Tribune.

The Tribune reports the Senate proposal would extend government funding through mid-January and the U.S.’ borrowing authority at least through mid-February.

House Majority Leader Eric Cantor (R-Va) told reporters Monday that Republicans will hold a closed-door session Tuesday “to discuss a way forward,” the report said.

Check Also

Air Force Conducts F-35 Auto GCAS Test Flights

The U.S. Air Force’s 461st Flight Test Squadron has begun conducting test flights for the Automatic Ground Collision Avoidance System onboard the service’s F-35 aircraft, Edwards Air Force Base said Thursday.

Leave a Reply

Your email address will not be published. Required fields are marked *