Finally? Some Movement?
Biden Says Democrats Could Change Filibuster Rules
President Biden said it is a real possibility that Senate Democrats could seek to revise the chambers filibuster rules to overcome a Republican blockade on raising the debt ceiling, the Washington Post reports.
Such a major change could give Democrats the ability to stave off a potential, calamitous default roughly two weeks before a critical fiscal deadline but only if all party lawmakers agree to loosen the Senates typical 60-vote threshold in a way some, including Biden, have been disinclined to do for months.
https://politicalwire.com/2021/10/05/biden-says-democrats-could-change-filibuster-rules/
Rating Agency Says U.S. Will Avoid Default
Moodys Investors Service said on Tuesday the stable outlook on the United States Aaa rating reflects its view that the country would raise its debt limit and continue to meet its debt service obligations in full and on time, Reuters reports.
Punchbowl News: There seems to be some theory floating around the Capitol that tomorrows procedural vote will help clarify this process, a bit. The cloture vote will fail no surprises here. But Republicans seem convinced that it will help Schumer and the Democratic leadership push their rank-and-file senators toward reconciliation afterward. We will see in the coming days whether thats the case.
https://politicalwire.com/2021/10/05/rating-agency-says-u-s-will-avoid-default/