Senate works on bipartisan effort to avert default

07/14/2011 | Washington Post, The

With talks on raising the U.S. debt limit deadlocked, the Senate began work on a bipartisan plan to avert a default. The approach is based on a proposal by Senate Minority Leader Mitch McConnell, R-Ky., that would give President Barack Obama authority to raise the debt ceiling. McConnell's "Plan B" aims to ensure that Obama would assume all political consequences for increasing the debt limit.

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