Majority Leader Schumer says U.S. Senate will pass debt limit increase ‘soon’


U.S. Senate Democratic Majority Leader Chuck Schumer said on Tuesday that he looks forward to passing the debt limit increase “soon,” after a “good conversation” with Republican Senate Minority Leader Mitch McConnell.

“The Senate must take action to make sure the United States does not default on its sovereign debt for the first time in its history,” Schumer said on the Senate floor on Tuesday.