US deal to end debt impasse
10/16/2013 10:08:52 PM
US debt impasse is to end Americans hope after Republican and Democratic leaders in the Senate struck an agreement to eliminate debt default.
Hours before the government hits its debt limit, Senate leaders have come to an agreement, said Senator Kelly Ayotte, a Republican from New Hampshire but deal’s details still unclear.
But the deal to become operative has to be approved by Congress controlled by Republicans where Tea Party till now rejects any deal.
Moreover, U.S. President Barack Obama urges quick congressional approval of a deal to raise the debt ceiling and end the partial U.S. government shutdown. White House spokesman Jay Carney says Obama praises Senate leaders for working together to reach a deal.
Hours before the government hits its debt limit, Senate leaders have come to an agreement, said Senator Kelly Ayotte, a Republican from New Hampshire but deal’s details still unclear.
But the deal to become operative has to be approved by Congress controlled by Republicans where Tea Party till now rejects any deal.
Moreover, U.S. President Barack Obama urges quick congressional approval of a deal to raise the debt ceiling and end the partial U.S. government shutdown. White House spokesman Jay Carney says Obama praises Senate leaders for working together to reach a deal.