Harry Reid Rejects House Republican Plan On The Debt Ceiling

Reid Rejects GOP Plan
Senate Majority Leader Harry Reid of Nev. pauses as he talks to reporters just off the Senate floor on Capitol Hill in Washington, Tuesday, Sept. 24, 2013, as lawmakers struggle with a stopgap spending bill that would prevent a partial government shutdown when the budget year ends next week. Tea party-leaning members of the House GOP caucus successfully attached language to that bill last week that would strip funding for President Barack Obama's health care program. (AP Photo/J. Scott Applewhite)
Senate Majority Leader Harry Reid of Nev. pauses as he talks to reporters just off the Senate floor on Capitol Hill in Washington, Tuesday, Sept. 24, 2013, as lawmakers struggle with a stopgap spending bill that would prevent a partial government shutdown when the budget year ends next week. Tea party-leaning members of the House GOP caucus successfully attached language to that bill last week that would strip funding for President Barack Obama's health care program. (AP Photo/J. Scott Applewhite)

WASHINGTON, Sept 26 (Reuters) - U.S. Senate Majority Leader Harry Reid, a Democrat, on Thursday rejected plans by Republicans in the House of Representatives to advance a debt limit increase bill that contains measures such as delaying "Obamacare."

Reid, speaking to reporters, rejected the debt limit increase bill House Republicans hope to vote on in coming days just hours after they unveiled it.

Treasury Secretary Jack Lew has informed Congress that the U.S. government will hit its $16.7 trillion limit on borrowing by Oct. 17.

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