UPDATE: 2:20 p.m. ET
Thursday, Oct. 17, is the day that the Treasury Department says it will max out its authority for borrowing money unless Congress raises the debt limit. While the potential for a deal looks promising Wednesday, the procedural hurdles in the Senate mean that a bill might not actually pass until after the debt ceiling is reached.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=205261