Senate Majority Leader Harry Reid (D-Nev.) announced that the Senate will stay in session next week to deal with the debt limit crisis.
Reid said the Senate would hold its first vote Tuesday, the day after the Fourth of July, probably in the afternoon.
“There’s still so much to do to put Americans back to work, to cut our deficit and put our economy back to work,” Reid said. “It is really important that we do this. That moment is too important, the obstacle too steep and the time too short to waste even [one] moment.”
Reid warned that failure to deal with the debt limit would lead to a worldwide depression, and he urged Republicans to put aside politics to reach a deal.
Hillary Rodham Clinton, center, along with former Secretary of State Madeleine Albright, right, and Annette Tilleman-Dick, left, wife for former Rep. Tom Lanots, D-Calif. Clinton was honored with the Tom Lantos Human Rights Prize during a ceremony last week at the Cannon House Office Building. Previous winners include the Dalai Lama and Elie Wiesel.
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.