Chuck Schumer wants to publicly eviscerate Republicans' debt ceiling bill, which he says has 'no hope of ever becoming law'

Republicans want massive spending cuts in exchange for raising the debt ceiling and avoiding default. Chuck Schumer says their legislation won't fly.
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Republicans, Democrats have reached deal to extend debt ceiling through December, Schumer says

Senate Majority Leader Chuck Schumer said Thursday that lawmakers had reached a deal to extend the federal debt ceiling through December and that a vote on the measure could take place within hours.