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Congress closing in on a deal to avert US default

 


WASHINGTON — The U.S. Senate plunged today into what many lawmakers and the White House — and millions of Americans coast to coast — hoped would be an all-but-decisive last-minute effort to raise the nation's debt ceiling and defuse a crisis that still could lead to an unprecedented government default.

As senators began debate in a rare Sunday session — just hours after Saturday night's concluded — Democratic leader Harry Reid said he was "cautiously optimistic" agreement could be reached. Republican leader Mitch McConnell said earlier that negotiators were "very close."

Still,...



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