The Washington Times - July 18, 2011, 02:54PM

Senate Majority Leader Harry Reid says the Senate will stay in session every day — including weekends — until lawmakers reach a compromise to increase the debt ceiling.

“We’ve got a lot of things to do,” Mr. Reid, Nevada Democrat, said. “I know it’s inconvenient to have people rearrange their schedules. This means Saturday and Sundays and Mondays that we have to be in session.”

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Senate Minority Leader Mitch McConnell, Kentucky Republican, agreed with his Democratic counterpart.

“I think we would agree it was a mutual decision that we need to stay in every day until we resolve this crisis confronting our country to get this problem fixed,” Mr. McConnell said.

The Treasury Department says it will run out of money to pay some of the government’s bills unless Congress agrees by Aug. 2 to increase the nation’s $14.29 trillion debt limit — a scenario many say could lead to a major economic crisis.