Rating Agency Says U.S. Will Avoid Default

“Moody’s Investors Service said on Tuesday the stable outlook on the United States’ Aaa rating reflects its view that the country would raise its debt limit and continue to meet its debt service obligations in full and on time,” Reuters reports.

Punchbowl News: “There seems to be some theory floating around the Capitol that tomorrow’s procedural vote will help clarify this process, a bit. The cloture vote will fail — no surprises here. But Republicans seem convinced that it will help Schumer and the Democratic leadership push their rank-and-file senators toward reconciliation afterward. We will see in the coming days whether that’s the case.”