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February 7, 2016

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Senate Majority leader Harry Reid of Nev., right, accompanied by Sen. Charles Schumer, D-NY, speaks to reporters on Capitol Hill in Washington, Monday, July 25, 2011, as they announce a new proposal to solve the debt limit crisis.

AP Photo/J. Scott Applewhite

Senate Majority leader Harry Reid of Nev., right, accompanied by Sen. Charles Schumer, D-NY, speaks to reporters on Capitol Hill in Washington, Monday, July 25, 2011, as they announce a new proposal to solve the debt limit crisis.