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Senate Announces Debt Ceiling, Government Shutdown Deal

BREAKING NEWS: The Senate’s Democratic leader announced a deal Wednesday to raise the federal debt limit and end the government shutdown. The deal faces a Senate vote and must also be approved by the Republican-controlled House.

Top aides to Senate Majority Leader Harry M. Reid (D-Nev.) and Minority Leader Mitch McConnell (R-Ky.) are forging a deal to raise the debt limit through Feb. 7 and end the 16-day-old government shutdown, after a House Republican effort to forge a solution collapsed Tuesday in humiliating failure.

Source: Washington Post. Read full article. (link)

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