Posted: Jul 18, 2011 12:47 PM
Source: Associated Press
WASHINGTON - The leader of the Senate says the chamber will meet every day - including weekends - until Congress sends President Barack Obama legislation to make sure the government doesn't default on its obligations.
Nevada Democrat Harry Reid said there's no more important task than ensuring the U.S. pays its obligations, including Social Security checks.
Congress faces an Aug. 2 deadline to raise the debt limit to avoid a market-rattling, first-ever default on U.S. obligations.
Reid is working with GOP leader Mitch McConnell on a plan to give Obama sweeping authority to issue new debt without approval by Congress.
But tea party forces will first have their day with a House vote on a separate plan and a Senate vote on a constitutional amendment requiring a balanced budget.