Congress is poised to end the 16-day government shutdown and raise the U.S. debt limit after the bipartisan leaders of the U.S. Senate reached an agreement to end the nation’s fiscal impasse.
U.S. Senate leaders are rushing to lock up an agreement to end the fiscal impasse, stepping in after House Republicans’ last-minute plan to avert a U.S. government default collapsed.
Senate leaders are poised to reach an agreement as early as today to bring a halt to the fiscal standoff, and now must race the clock to sell the plan to lawmakers before U.S. borrowing authority runs out this week.
The partial shutdown of the U.S. government showed no signs of ending quickly, as lawmakers stiffened their positions and sought to shift blame to the other side.
