Senate Dems to push ahead with debt-limit bill - WTVM.com-Columbus, GA News Weather & Sports

Senate Dems to push ahead with debt-limit bill

WASHINGTON (AP) - The Senate Democratic leader says he will move ahead with a debt-limit bill as a rival proposal remains stalled in the House.

Senate Majority Leader Harry Reid announced Friday that his plan would cut $2.5 trillion from the deficit over a decade and avert a debilitating default.

He said it's likely the last chance to save the nation from default with a Tuesday deadline looming.

The Nevada Democrat said he has invited his counterpart, Senate Republican leader Mitch McConnell, to negotiate with him. Reid's move sets up a potential showdown vote in the Senate on Sunday.

Copyright 2011 by The Associated Press. All Rights Reserved.

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