Senate Majority Leader Harry ReidHarry ReidReid 'fairly certain' Democrats will win Senate Satanists balk at Cruz comparison Cory Booker is Clinton secret weapon MORE (D-Nev.) announced the Senate would stay in session — including on weekends — until a deal on raising the debt ceiling is reached.
"The Senate has no more important task than making sure the United States does not fail to pay our bills for pre-existing obligations like Social Security for the first time in our history," Reid said in a statement Monday. "To ensure that we meet this responsibility, the Senate will stay in session every day, including Saturdays and Sundays, from now until Congress passes legislation that prevents the United States from defaulting on our obligations."
President Obama, Vice President Biden, and both Democratic and Republican congressional leaders met over the last week to try and reach a compromise on a deal. Still, Republicans and Democrats appear to have dug in and refused to move on their respective positions. Republicans don't want a deal to include tax increases, while Democrats think any deal needs added revenues to reduce the deficit.
On Sunday Obama met with House Speaker John BoehnerJohn BoehnerGraham: 'Lucifer may be the only person Trump can beat in a general election' Obama mocks GOP, media and himself in final WHCA dinner address Obama pals around with Boehner in WHCA dinner video MORE (R-Ohio) and House Majority Leader Eric CantorEric CantorRepublicans who vow to never back Trump NRCC upgrades 11 'Young Guns' candidates Cruz, Kasich join forces to stop Trump MORE (R-Va.) to discuss the debt-ceiling deal impasse. There are no meetings scheduled for Monday.