Senate Majority Leader Harry Reid (D-Nev.) said Tuesday night that he believes there is now a way forward in negotiations towards raising the nation’s debt ceiling.
“We need a way, a path forward, and we think we have one, but it's certainly not complete yet,” said Reid. “It's a bicameral legislature. We're doing our very, very utmost to do this as — as well as we can. There is no easy solution.”
Reid's office said the senator was referencing negotiations in which he is currently involved to modify Senate Minority Leader Mitch McConnell's (R-Ky.) proposal that would put the onus on President Obama to make three separate requests to raise the debt limit.
Under the original plan offered by McConnell, Congress could pass resolutions of disapproval to block the requests, but those actions would require two-thirds support in both chambers, to override expected presidential vetoes.