Thursday, October 17, 2013

Congress Ends Government Shutdown And Raises Debt Limit

The Congress passed a bipartisan agreement to end the shutdown of the federal government and allow it to borrow money to finance the national debt. The U.S. House passed the measure 285-144 and the U.S. Senate passed it 81-18. The agreement was brokered by Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell and passed the House with the vote of every single Democratic member (198) and was opposed by a majority (144) of the Republican Congressional majority.

The federal government is funded through January 15, 2014 and the debt ceiling is lifted until around February 7, 2014.

No comments:


Blog Widget by LinkWithin