Sen. Rand Paul, R-Ky., center, joined by other Republican senators who want to bypass the holiday recess to stay in Washington and work on the debt crisis. (AP Photo/J. Scott Applewhite)

WASHINGTON (AP) — The Senate abandoned plans for a July 4 break as time dwindled for lawmakers to strike a compromise on avoiding a government default and reducing mammoth federal deficits. In a challenge to President Barack Obama, the chamber’s top Republican invited him to the Capitol to discuss the impasse with GOP lawmakers.

Senate Majority Leader Harry Reid, D-Nev., announced the scheduling change Thursday, a day after President Barack Obama prodded lawmakers to act swiftly to extend the government’s ability to borrow money. The Senate had been scheduled to take a week’s break but instead will meet beginning Tuesday.

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