Thursday, January 24, 2013

Senate Democrats praise House Republican debt limit bill. Pet their heads, give them bacon strip

Jan. 24, 2013

Senate Democratic leaders, unlike their House counterparts, praised the legislation, saying that it would cut the link Republicans had previously insisted upon between future debt limit increases and new spending cuts.
(Reuters) - The Senate will take up a nearly four-month extension of U.S. borrowing authority if the Republican proposal is passed by the House of Representatives, Senate Majority Leader Harry Reid, a Democrat, said on Wednesday.

The House is poised to vote on the legislation on Wednesday.


(Reporting by Kim Dixon and Richard Cowan; Editing by Mohammad Zargham)

additional editing: mine

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