Congress is moving to avert one crisis and delay another.
The Senate is poised to pass legislation that would allow the federal government to continue operations until December.
After the Senate vote, the House will likely approve the measure to prevent a partial government shutdown.
At the request of Republicans, Democrats had to remove the suspension of the federal government’s borrowing limit from their bill.
Janet Yellen, Treasury Secretary, warns that if debt limit is not increased by October 18, the country could face a financial crises and economic recession.