Senate leaders sprint toward debt limit finish line

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Senate leaders sprint toward debt limit finish line
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There's a growing hope that Majority Leader Chuck Schumer can lock up a timing agreement to pass the bill to raise the debt ceiling before the weekend.

and other defense hawks are unhappy with the bill’s cap on Pentagon funding, concerned that the relatively paltry increase could affect national security and the war in Ukraine. McConnell himself expressed disappointment that Republicans didn’t achieve a higher defense funding number even as he extolled the deal as a “promising step towards fiscal sanity.”

Without unanimous agreement on a voting and amendment deal, the Senate won’t be able to begin voting on the legislation until Saturday, which could delay final passage until next week.

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