U.S. Senate leader McConnell says U.S. will raise debt ceiling

U.S. Senator Mitch McConnell speaks at the Jeffersontown Chamber of Commerce luncheon in Louisville

WASHINGTON (Reuters) – The United States will not default on its debt and will raise its debt limit in some fashion, U.S. Senate Leader Mitch McConnell said on Thursday in an interview with Politico.

“The government is not going to default,” McConnell said. On raising the U.S. debt ceiling, he added “We’ll do it. In what context, I wouldn’t predict at this point.”

(Reporting by Susan Heavey; Editing by Chizu Nomiyama)