Senate shoots down Democrats' bid to raise debt limit through 2014
WASHINGTON (AP) - The Senate has rejected a Democratic effort to extend the government's ability to borrow money through next year.
Before the vote, Republican senators said Majority Leader Harry Reid and Minority Leader Mitch McConnell have begun negotiations aimed at extending the country's borrowing limit and ending the 12-day-old government shutdown.
It was a near party-line vote - 53 to 45 - that derailed the Democratic measure. The 53 votes were seven short of the 60 required to overcome Republican objections to considering the measure under Senate rules.
Earlier in the day, House Speaker John Boehner told fellow Republicans that his talks with President Barack Obama have stalled.