Voice of America: US Senate Reaches Deal to Avoid Debt Default

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

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US Senate Reaches Deal to Avoid Debt Default Oct 16th 2013, 15:07, by webdesk@voanews.com (Reuters) Leaders in the U.S. Senate 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. Sources say the deal would keep the government running through January 15 and raise the nation's borrowing limit enough to put off the risk of default until February 7. The Republican-led House intends to vote on the plan, a leadership aide said on Wednesday. With the clock ticking toward a Thursday deadline, the ... Media files: 31882C1E-752C-4A02-A887-BDC454829661_cx0_cy0_cw94_w800_r1.jpg (image/jpeg, 0 MB)

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