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.
Terri Henderson, 6, center, whose mother is El Salvador, attends a rally with members of Congress at Union Station's Columbus Circle to announce the Restore Opportunity, Strengthen, and Improve the Economy (ROSIE) Act on July 29, 2014. The legislation provides incentives for government contractors to pay a living wage and other benefits that would help low-income workers.