Wednesday, 16 October 2013

US Senate reaches fiscal deal

Source BBC News@ tienganhvui.com


Breaking news


Republican and Democrat leaders of the US 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 7 February and funds the government to 15 January.


It comes just a day before the deadline to raise the $16.7tn (£10.5tn) limit.





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