Kelsey Snell

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Updated October 7, 2021 at 8:36 PM ET

The Senate has passed a bill to increase the federal debt ceiling, after weeks of tense cross-aisle negotiations regarding the looming threat of the country defaulting on its debt.

The legislation was approved Thursday night along party lines, with a simple majority. An earlier procedural vote required Republicans to get to 60 votes. It got 61. House approval is still needed.

Updated October 6, 2021 at 6:25 PM ET

Senate leaders are working to finalize a deal to avoid the immediate threat of federal default by punting a political battle to December.

Democrats say they are willing to accept an offer from Senate Minority Leader Mitch McConnell, R-Ky., for a short-term lift of the debt limit. But they say they remain unwilling to accept a related demand to use McConnell's preferred procedure to pass a longer suspension of the borrowing cap.

Updated September 30, 2021 at 7:33 PM ET

President Biden has signed a short-term funding bill, avoiding a partial government shutdown that would have begun at midnight.

The Senate and House sprinted Thursday afternoon to pass the legislation, which will keep the government funded through Dec. 3.

The bill also includes $28.6 billion for communities hit by natural disasters over the past 18 months and $6.3 billion to help support resettlement for Afghan refugees.

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