Negotiations over a short-term debt hike are spilling over into Thursday as Senate Majority Leader Charles Schumer (D-N.Y.) and Senate GOP Leader Mitch McConnell (R-Ky.) haggle over the size of the debt limit increase.
Democratic senators on Wednesday signaled they will accept a proposal by Senate Minority Leader Mitch McConnell (R-Ky.) to raise the debt limit for two months to avoid a potential economic crisis.