Debt Ceiling Debate Colors Nevada Senate Race - KTVN Channel 2 - Reno Tahoe Sparks News, Weather, Video

Debt Ceiling Debate Colors Nevada Senate Race

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The rivals in the U.S. Senate race are both looking for a deal that would increase the limit on the nation's credit card, but differ strongly on what else must be included in a compromise that would avoid an economic collapse.

Republican Sen. Dean Heller says negotiators from both parties must eliminate corporate tax loopholes and warns he would not support a deal that includes tax increases.

His Democratic rival, Rep. Shelley Berkley, says tax cuts for profit-rich corporations and millionaires are partly to blame for the nation's deficit.

The opposing stances adopted by Berkley and Heller reflect how the candidates hope to portray themselves in an election that could determine which party will control the Senate next year.

The deadline to raise the debt limit is Aug. 2. 

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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