U.S. lawmakers begin last-ditch effort on debt ceiling

The U.S. Senate prepared for a last ditch effort Wednesday to avoid a historic lapse in the government’s borrowing authority, a breach that President Barack Obama has said could lead to default and deliver a damaging blow to the global economy. After a day of stop-and-go negotiations, the top Dem…

View original here: 
U.S. lawmakers begin last-ditch effort on debt ceiling