Capitol Hill: Sixteen days after the U.S. federal government shutdown resulted in the furlough of more than 700,000 workers and with less than 24 hours remaining before a critical funding deadline passed, the U.S. Senate has announced a deal that will end the closure and avert default but require a review of the debt ceiling again on February 7 2014, reports Dispatch News Desk (DND).
Shortly after noon on Wednesday Senate Majority leader Harry Reid and Senate Minority leader Mitch McConnell announced a compromise that was expected to pass in the upper house of Congress and then face a vote in the House of Representatives where Republicans, facing a wall of national criticism for seeking to tie debt negotiations to their plans to defund “Obamacare,” saw two separate proposals fail on Tuesday.
