Home What We are Talking About In shift, McConnell begins talks with Schumer to stave off debt crisis

In shift, McConnell begins talks with Schumer to stave off debt crisis

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In shift, McConnell begins talks with Schumer to stave off debt crisis

The two top leaders in the Senate have opened discussions to find a way out of a looming debt crisis, a sharp departure from the standoff a month ago that took the United States to the brink of a first-ever default.

With Republicans buoyed by their chances to take back Congress in next year’s midterms, they are eager to avoid another round of brinkmanship — or potential economic catastrophe — and are more eager to fight with their adversaries over President Joe Biden’s sweeping tax-and-spending agenda and inflation woes hitting the country.