Washington (CNN) – Congress is expected to vote Monday on a last-minute agreement to raise the federal government's debt ceiling while imposing sweeping spending cuts, a bipartisan deal that promises to narrowly avert an unprecedented national default with catastrophic economic consequences. The deal calls for $2.4 trillion in cutsover the next decade, raises the debt … Continue reading Sen. Durbin: Democrats gave in to 'political extortion,' but default would have been totally irresponsible