U.S. House Republicans to discuss Senate deal at 3 p.m.
WASHINGTON (Reuters) – Republican leaders in the U.S. House of Representatives have set a meeting for 3 p.m. (1900 GMT) on Wednesday to brief their members about the Senate’s newly minted bipartisan deal to raise the debt limit and end the government s…
Obama backs Senate debt deal, urges Congress to approve it swiftly: White House
WASHINGTON (Reuters) – President Barack Obama quickly endorsed a Senate deal aimed at averting a U.S. debt default and ending a government shutdown on Wednesday and wants Congress to approve it swiftly, the White House said.
Debt limit threat ‘political weapon of mass destruction’: Buffett
NEW YORK (Reuters) – Warren Buffett, chairman and chief executive of Berkshire Hathaway, said Wednesday that the threat of not raising the U.S. debt ceiling is a “political weapon of mass destruction”.
U.S. Senate leaders expected to announce deal at noon EDT (1600 GMT): aide
WASHINGTON (Reuters) – U.S. Senate leaders intend to announce their deal to reopen the government and raise the country’s debt limit when the Senate convenes at noon EDT (1600 GMT) on Wednesday, a senior aide said.
Obama plans immigration push after fiscal crisis ends
WASHINGTON (Reuters) – President Barack Obama said on Tuesday that stalled immigration reform would be a top priority once the fiscal crisis has been resolved.
New Jersey voters head to polls in U.S. Senate special election
NEW YORK (Reuters) – Cory Booker, the charismatic mayor of New Jersey’s largest city, is heavily favored to beat conservative activist Steve Lonegan when voters head to the polls on Wednesday in a special election to fill New Jersey’s vacant U.S. Senat…
U.S. Senate will not announce fiscal deal on Tuesday: aides
WASHINGTON (Reuters) – U.S. Senate leaders are continuing to negotiate on legislation to raise the nation’s borrowing authority and provide temporary government funding but a deal is not expected to be announced on Tuesday, Senate aides said.
Obama says Speaker Boehner ‘can’t control his caucus’
WASHINGTON (Reuters) – President Barack Obama said on Tuesday the frantic stop-and-go effort in Congress to avoid a debt default and end a government shutdown is “a mess” as a gloomy mood descended over the White House with time running out to a Thursd…
North Carolina is first state to cut welfare amid federal shutdown
RALEIGH, North Carolina (Reuters) – North Carolina has become the first state to cut off welfare benefits to poor residents in the wake of the partial federal government shutdown, ordering a halt to processing November applications until a deal is reac…
U.S. Senate fiscal deal could come late Tuesday: Senate aide
WASHINGTON (Reuters) – Democratic and Republican leaders in the U.S. Senate could announce a deal late on Tuesday to extend the government’s borrowing authority until February 7 and quickly re-open federal agencies that have been closed since October 1…
