Vice President Joseph Biden emphasized Tuesday the need for higher revenues in a deal to reduce the deficit.
House Republicans are planning to hold a test vote on the debt ceiling debate as early as next week. Although the vote is expected to fail, the move is an attempt to show Senate Democrats and President Barack Obama that significant spending cuts are needed alongside an increase in the debt ceiling.
Vice President Joe Biden waits to conduct a mock swearing-in ceremony with Sen. Brian Schatz, D-Hawaii, in the Capitol's Old Senate Chamber, December 2, 2014. Schatz was sworn in to serve the remainder of his term since he was appointed to the seat after Sen. Daniel Inouye, D-Hawaii, passed away.