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Senate Leaders Reach Agreement to End Fiscal Impasse

From bloomberg.com

The bipartisan leaders of the U.S. Senate reached an agreement to end the fiscal impasse and to increase U.S. borrowing authority. The Senate and House plan to vote on it later today, and the White House press secretary said President Barack Obama supports the deal. The agreement would end the 16-day government shutdown and allow the U.S. to continue borrowing, the day before its authority lapses. House Republicans today signaled that they will let it pass largely with Democratic votes. Senate opponents of the agreement, including Texas Republican Ted Cruz, said they won’t stall a vote. “The compromise we reached ... (full story)

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