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Senate Leaders Reach Deal on Shutdown, Debt Oct 16th 2013, 16:41 U.S. Senate leaders have crafted a last-minute deal to reopen the federal government and avoid a U.S. default likely to have harmful effects on the global economy. Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell announced the deal Wednesday. Reid said both sides set aside their differences so the country could avoid financial "disaster." The proposal keeps the government running until January 15 and raises the borrowing limit enough to put off the risk of ... | |
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