Senate Republicans on Saturday blocked a bid by Senate Majority Leader Harry Reid (D-Nev.) to extend the nation’s debt limit until after the 2014 midterm elections.
In an 53-45 vote, the Senate failed to win the 60 votes necessary to advance the debt-limit measure to a floor debate. The bill would increase the federal debt by an estimated $1.1 trillion.
Every Democrat supported the measure, though Reid switched his vote at the end to preserve the right to bring the motion up for another vote later.
The one and only.