Rep. McGovern's Contribution to the Debt Ceiling Debate [VIDEO]

Though the details of the plan have changed since Saturday, rigorous debate and planning over the weekend have yielded a plan to avoid a default on the debt ceiling.

“Sometimes it seems our two sides disagree on almost everything,” said Senate majority leader Harry Reid (D-Nev.), as quoted in the The Christian Science Monitor Sunday night. “But in the end, reasonable people were able to agree on this: The United States could not take the chance of defaulting on our debt, risking United States financial collapse and worldwide depression.”

A Huffington Post article credited the successful negotiation to cooperation across the aisles of Congress.

"Senate Majority Leader Harry Reid (D-Nev.) has tentatively signed off on a deal to raise the nation's debt ceiling, which has been primarily negotiated between his Republican counterpart, Senate Minority Leader Mitch McConnell (R-Ky.), and President Barack Obama," said the article.