McConnell: Senate likely to vote Wednesday on House debt-limit extension

“Three months is not very much time in Congress, so let’s use this additional time to work on a plan.”

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Senate Budget Committee Chairwoman Patty MurrayPatty MurrayOvernight Healthcare: Medicare fight looms on Capitol Hill Senate GOP hardening stance against emergency funding for Zika Overnight Healthcare: More trouble for Zika funding MORE (D-Wash.) has said she would put forward a budget proposal in her committee and Senate Majority Leader Harry ReidHarry ReidReid: Judiciary Committee a 'rubber stamp' for Trump-McConnell Reid: Cruz, Lee on Supreme Court should 'scare you' Reid 'fairly certain' Democrats will win Senate MORE (D-Nev.) has said he intends to bring it to the Senate floor for a vote.

Republicans want major spending reductions in exchange for extending the deadline for a longer period of time, but Democrats have said that there is room for more revenue increases through closing tax loopholes.

“Democrats need to put their preoccupation with taxes aside and focus on the root problem: spending,” McConnell said. “It’s time to make some tough decisions for a change.”

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