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Doubtful path to a major debt deal by August 2
Washington confronts a tough timetable as Congress faces a $14.3 trillion debt limit and a plan to trim spending. Lawmakers warn the Aug. 2 deadline is unlikely to yield a binding bipartisan package, with votes needed on interim debt raises and a broad bargain.
MENTIONED IN THIS ARTICLE
Washington
Congress
America
Treasury Department
Jon Kyl
R-Ariz
Senate Republicans
Joe Biden
Barack Obama
GOP
Eric Ueland
Senate
White House
House
Obama
Mitch McConnell
Kentucky
Capitol Hill
United States