: Schumer says Senate could act ‘as soon as today’ to raise debt limit, but Republicans struggle to round up votes

Democrats and Republicans in the Senate look on track Thursday to prevent a U.S. default this month, with Senate Majority Leader Chuck Schumer announcing that a vote on lifting the federal borrowing limit could happen later in the day.

Democrats and Republicans in the Senate look on track Thursday to prevent a U.S. default this month, with Senate Majority Leader Chuck Schumer announcing that a vote on lifting the federal borrowing limit could happen later in the day.