Senate Party Leaders Remain at Odds on How to Raise Debt Limit

Senate Party Leaders Chuck Schumer (D-NY) and Mitch McConnell (R-KY) continue to be at odds over how to raise the debt limit ahead of an October 18 default deadline. Majority Leader Schumer says he will file Cloture on the House-passed bill this week, while Minority Leader McConnell (R-KY) says Democrats can and should raise the debt limit on their own through the budget reconciliation process. Republicans remain opposed to allowing Democrats to pass the measure on a simple majority.