WASHINGTON (AP) — Congress appears on track to send President Barack Obama must-do legislation to extend Treasury's borrowing authority without any concessions from the White House.
Senate leaders hoped to schedule a vote Wednesday afternoon before an expected snowstorm hits the capital. The GOP-controlled House passed the measure Tuesday, with Republicans supplying only a handful of votes.
The measure would permit the Treasury Department to borrow normally for another 13 months and then reset the government's borrowing cap, currently set at $17.2 trillion, after that.
Quick action on the debt limit bill stands in contrast to lengthy showdowns in 2012 and last fall when Republicans sought to use the must-pass measure as leverage to win concessions from Obama. They've been less confrontational after October's 16-day partial government shutdown sent GOP poll numbers skidding.
Original headline: Senate looks to clear debt limit bill for Obama
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