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In Depth with Francis Rose features daily interviews with top government executives and contractors. Listen live from 4 to 7 p.m. or download his archived interviews below.
Reid says Senate Dems will accept House debt bill
Wednesday - 1/23/2013, 12:10pm EST
WASHINGTON (AP) - Senate Majority Leader Harry Reid says Senate Democrats will support a House Republican bill extending the government's ability to borrow for four months.
The Nevada Democrat told reporters Wednesday the Senate would pass the bill "as quickly as possible," meaning it could go to President Barack Obama as soon as this week. The House was voting on the bill Wednesday.
Reid said he preferred a longer extension, and he mocked a Republican provision that says lawmakers will lose their paychecks unless Congress passes a budget. Nevertheless, Reid said Senate Democrats plan to pass the bill as is.
He said it is a victory for Obama that House Republicans abandoned their demand that increasing the government's ability to borrow be accompanied by cuts in government spending.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)