Senate reaches deal to end shutdown, raise debt limitOctober 16,2013
MONTPELIER — Senate leaders have reached an accord to reopen the federal government and lift the nation's borrowing limit before Thursday's deadline.
The Associated Press reported an agreement was reached between Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell Wednesday morning. The government would reopen through Jan. 15 and the Treasury Department would be allowed to increase the debt limit through Feb. 7, according to the AP report.
The U.S. House is expected to vote on the measure first. House Speaker John Boehner will need to rely heavily on Democratic votes to pass the bill.
Ryan Nickel, a spokesman for Democratic Rep. Peter Welch said Vermont's lone congressman will vote in favor of the deal. The offices' of Sens. Patrick Leahy and Bernie Sanders had no immediate response to the reported deal.MORE IN This Just In
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