A slow-motion train wreck known as the raising of the United States debt ceiling has been averted at the 11th hour.Senate leaders, followed by a sombre President Barack Obama who spoke from the White House, announced that the US...
President Obama and congressional Republicans worked today on a debt ceiling deal just two days before a possible government default, negotiators said today.
Following weeks of conflict in Congress, Senate Minority Leader Mitch McConnell, left, said Republicans and Democrats are close to agreeing on a $2.4 trillion deal.