Debt limit negotiations progress with potential impact on Social Security.

Negotiators from both parties are making progress towards a bipartisan deal to raise the $31.4 trillion debt limit, with a framework for a deal expected by Sunday. The deal is likely to include a few years of spending caps and work requirements that stop short of touching the Medicaid program as Republicans had sought. The length of a debt limit extension could also be longer than Republicans wanted. Lawmakers are optimistic that a vote on a deal could come as early as next week.