US Senate Democrats praise House Republican debt limit bill
WASHINGTON Jan 23 (Reuters) - The Senate will take up a nearly four-month extension of U.S. borrowing authority if the Republican proposal is passed by the House of Representatives, Senate Majority Leader Harry Reid, a Democrat, said on Wednesday.
Senate Democratic leaders, unlike their House counterparts, praised the legislation, saying that it would cut the link Republicans had previously insisted upon between future debt limit increases and new spending cuts.
The House is poised to vote on the legislation on Wednesday.
- Housing, jobs data weaken, but overall economic picture still upbeat
- Putin critic Khodorkovsky in Germany after pardon |
- Target probe eyes overseas hackers; stolen cards for sale online
- Pizza outlet attacked as India, U.S. fail to cool diplomat row |
- New York Mayor-elect's reputation for lateness parodied on Twitter