
The Senate will be in a race against the clock to pass the bipartisan debt limit legislation that the House of Representatives passed on Wednesday evening before the United States hits the date when it will default on its debt.
The House passed the legislation on a 314-117 margin, with more Democrats than Republicans voting in favour of it. Senate Majority Leader Chuck Schumer has said the Senate will act as quickly as possible to pass the legislation, with a vote coming as early as Thursday.