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Oct. 6, 2021, 2:28 p.m. EDT

McConnell to offer proposal to Schumer for ending debt-limit standoff

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By Victor Reklaitis

Senate Minority Leader Mitch McConnell plans to outline a proposal that he's prepared to discuss with Senate Majority Leader Chuck Schumer "that's going to give us a way out of the woods" in the debt-limit standoff, Republican Sen. Lisa Murkowski of Alaska told reporters on Wednesday, according to multiple published reports. McConnell, the Kentucky Republican, in a floor speech earlier Wednesday offered to limit Republican delaying maneuvers if Senate Democrats agree to address the debt ceiling through a process known as budget reconciliation. Read the full story: McConnell proposes short-term lift for debt limit

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