The Senate has locked in a deal to pass a short-term debt ceiling extension on Thursday.
Senate Majority Leader Charles SchumerChuck SchumerManchin meeting with Biden, Schumer in Delaware Progressives' optimism for large reforms dwindles Democratic frustration with Sinema rises MORE (D-N.Y.) finalized the agreement to hold up to four hours of debate on the debt ceiling extension, followed by a key procedural hurdle to end debate on the bill, which will require 60 votes, around 7:30 p.m.
If they overcome that hurdle, the Senate would then move directly to a vote to pass the short-term debt extension, a move that will only require a simple majority.
The deal comes after hours of behind-the-scenes wrangling that followed Schumer announcing this morning he had reached a deal with Senate GOP Leader Mitch McConnellAddison (Mitch) Mitchell McConnellBiden says he's open to altering, eliminating filibuster to advance voting rights Pelosi says GOP senators 'voted to aid and abet' voter suppression for blocking revised elections bill Manchin insists he hasn't threatened to leave Democrats MORE (Ky.) on the short-term debt limit extension.
Under the agreement, the debt ceiling will increase by $480 billion. The Treasury Department, according to Senate aides, thinks that will set up the next deadline for Dec. 3, the same day government funding is set to expire.
Sen. John ThuneJohn Randolph ThuneDemocratic frustration with Sinema rises Senate Republicans raise concerns about TSA cyber directives for rail, aviation Democrats narrow scope of IRS proposal amid GOP attacks MORE (S.D.), the No. 2 Senate Republican, predicted that there would be 10 GOP votes to help end debate on the debt ceiling.
“In the end we’ll be there, but it’s going to be a painful birthing process,” Thune said, asked about McConnell's ability to 10 GOP votes to advance the debt ceiling hike.
But so far 10 GOP senators have not said yet that they would vote to end debate on the debt bill.
GOP Sens. Lisa MurkowskiLisa Ann MurkowskiHouse passes bill to expand workplace protections for nursing mothers Democrats look for plan B on filibuster Senate will vote on John Lewis voting bill as soon as next week MORE (Alaska), Richard ShelbyRichard Craig ShelbyBlack Hawk pilot shot down in Somalia jumps into Alabama Senate race Senate Democrats ditch Hyde amendment for first time in decades Senate Democrats unveil remaining spending bills, teeing up clash with Republicans MORE (Ala.) and Shelley Moore CapitoShelley Wellons Moore CapitoBiden's soft touch with Manchin, Sinema frustrates Democrats The Hill's Morning Report - Presented by Facebook - After high drama, Senate lifts debt limit Here are the 11 GOP senators who helped advance the debt extension MORE (W.Va.) have each said that they will vote to end debate.
But several other Republicans, including Thune, Sen. Roy BluntRoy Dean BluntSunday shows - Democrats' spending plan in the spotlight GOP senator: Best thing Trump could do to help Republicans in 2022 is talk about future It's time to make access to quality kidney care accessible and equitable for all MORE (Mo.) and Sen. Thom TillisThomas (Thom) Roland TillisSenate GOP signals they'll help bail out Biden's Fed chair GOP rallies around Manchin, Sinema Advocates frustrated by shrinking legal migration under Biden MORE (N.C.), are keeping their powder dry.
Republicans had hoped to bypass the 60-vote hurdle and just move straight to a final vote, where Democrats could pass it on their own.
But conservative senators including Sens. Mike LeeMichael (Mike) Shumway LeeCawthorn, Lee introduce bills banning interstate travel vaccine mandate Retreating economy creates new hurdle for Democrats in 2022 McConnell vows GOP won't help raise debt ceiling in December after Schumer 'tantrum' MORE (R-Utah), Ted CruzRafael (Ted) Edward CruzOvernight Health Care — Presented by Carequest — Colin Powell's death highlights risks for immunocompromised The Senate confirmation process is broken — Senate Democrats can fix it Australian politician on Cruz, vaccines: 'We don't need your lectures, thanks mate' MORE (R-Texas) and Rand PaulRandal (Rand) Howard PaulRand Paul calls for Fauci's firing over 'lack of judgment' Vaccine 'resisters' are a real problem Democrats fret as longshot candidates pull money, attention MORE (R-Ky.) are all insisting that the bill be able to overcome the 60-vote procedural hurdle.
Updated at 4:33 p.m.