US eleventh hour deal averts default

 
 
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Thursday October 17 2013
 
 
Breaking news
 
US eleventh hour deal averts default
 
The US Congress agreed on a deal to reopen the government and allow new sovereign borrowings, ending three weeks of high drama on Capitol Hill that pushed the country to the edge of a debt default.

The House of Representatives passed the bill to reopen the US government and extend the country's borrowing authority after Senate approval. Federal workers who have been on temporary leave are expected to start to return to work tomorrow.
 
 
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