US shutdown: Senate reaches debt deal

Democrat and Republican leaders of the Senate have struck a cross-party deal to end a partial government shutdown and raise the US debt limit.

Their bill must also pass the House, where a small group of Republicans are expected to join Democrats to send the bill to President Barack Obama.

The bill extends the federal borrowing limit until February 7 and funds the government to January 15.

The move comes just a day before the deadline to raise the $16.7 trillion limit.

Democrat and Republican leaders of the Senate have struck a cross-party deal to end a partial government shutdown and raise the US debt limit

On the floor of the Senate, Democratic leader Harry Reid called the legislation “historic”, saying it would provide time for Congress to work toward a long-term budget agreement.

“Our country came to the brink of disaster,” Harry Reid said.

Republican Senate Minority Leader Mitch McConnell, Harry Reid’s negotiating partner, said he was “confident” the government could reopen and avoid default under the proposed bill.

“Now it’s time for Republicans to unite behind other crucial goals,” Mitch McConnell said.

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Diane A. Wade

Diane is a perfectionist. She enjoys searching the internet for the hottest events from around the world and writing an article about it. The details matter to her, so she makes sure the information is easy to read and understand. She likes traveling and history, especially ancient history. Being a very sociable person she has a blast having barbeque with family and friends.

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