“Senate Democrats on Tuesday approved a measure to raise the debt ceiling by $2.5 trillion, taking the first step toward staving off a potential default and deferring the high-stakes fiscal fight until after the 2022 election,” the Washington Post reports.
“The vote comes less than a week after lawmakers struck an unusual bipartisan deal that allows Democrats to adopt the increase, and Republicans to oppose it, without putting the country at risk of missing a critical December 15 deadline. House lawmakers are expected to follow suit Tuesday evening.”
Axios: “This is also a huge victory for Democratic leaders, given most in the Capitol expected the process to be brutal and messy.”
