Senate Democrats are delaying a vote on a bill to suspend the debt ceiling through 2022 after Senate Minority Leader Mitch McConnell (R-Ky.) offered a potential off ramp from the weeks-long fight.
President Biden is stuck in the middle of a heated Democratic fight in which he is likely to disappoint one faction or the other while seeking a compromise on the key pillars of his legislative agenda.
Centrist Sen. Joe Manchin (D-W.Va.) on Tuesday signaled he is open to a budget reconciliation bill in the ballpark of $1.9 trillion to $2.2 trillion, above the limit he set just last week of $1.5 trillion.