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U.S. Senate approves deal to end shutdown, avoid default; Decision to be sent to the House of Representatives

U.S. Senate approves deal to end shutdown, avoid default; Decision to be sent to the House of Representatives
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POSTED: Wednesday, October 16, 2013 - 11:15am

UPDATED: Sunday, October 20, 2013 - 4:12pm

The United States Senate has announced they have reached a deal to end the government shutdown and avoid default.

Stocks skyrocketed Wednesday morning, as investors relished in the news the Senate had reached a deal to reopen the government and raise the debt limit. The money government borrows to pay the United States' bills is slated to run out, Thursday.

The formal announcement was made on the Senate floor shortly after 11:00 a.m. The government has been partially shutdown for 16 days.

The decision will now be sent to the U.S. House of Representatives where they will deliberate and decide whether or not to approve the Senate's deal.

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Yup suz it that darnd ole republican free trade that givs tax dollars to American companies to assist their move to China because they only love money more than they love America. Lets have more republican free trade.

Townidiot, the name says it all. Yea, a great nation that can't make its own products or grow its own food, that has to rely on other countries to supply everything we need to survive. Not my idea of a great country, more like a third world country the way things are going.

Sign up every member of congress and every political donor in the US for the ACA. That way they'll all have to pay higher premiums for health care and stand in the same line as the rest of us. Ban all exemptions. US companies have had 3 years to figure the cost into their budgets. If you can't afford to do business in the US, Don't! Stay home and read Atlas Shrugged.

The House is Constitutionally mandated to initiate & pass all federal budgets. Because they could not do their job & Speaker Boehner's hands are tied by the T-party the J-O-B went to the Senate. Repubs control the House & they stupidly defaulted to a Dem Senate. Have to say Repubs are done as a national party. They are also sinking fast here in TX. I see that as a positive. God Bless America & our President who leads this still great Nation!

You really are the town idiot if you think Obama has been good for this nation.

You are right he hasn't been good for this nation, he has been great and doing much better in the nation than the GOP and T-Party is. By the way how are those Green Eggs and Ham working out for you?

Increase the debt, nationalize healthcare, and all is good ?

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