House Agrees To Move Senate Debt Ceiling Deal

Source: Susan Davis / USA Today

WASHINGTON — The Senate’s top two leaders announced a bipartisan deal Wednesday to reopen the federal government after a 16-day partial shutdown as well as avert an unprecedented debt default, and House leaders said they would accept it.

“The compromise we reached will provide our economy with the stability it desperately needs,” said Senate Majority Leader Harry Reid, D-Nev., who reached the agreement with Senate Minority Leader Mitch McConnell, R-Ky.

“This has been a long, challenging few weeks for Congress and for the country. It is my hope that today we can put some of those most urgent issues behind us,” McConnell said.

House and Senate leaders were still negotiating how to maneuver the legislation through both chambers and get it to President Obama’s desk before the Oct. 17 deadline to raise the debt ceiling. However, there was an air of certainty on Capitol Hill now that a formal deal is at hand and votes were expected first in the Senate on Wednesday.

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