WASHINGTON (AP) — The Senate has voted to avoid a financial default and reopen the government after a 16-day partial shutdown.
The vote was 81-18 Wednesday night. The measure now heads to the House, which is expected to back the bill before day's end.
Senate passage came several hours after Majority Leader Harry Reid and Minority Leader Mitch McConnell announced the bipartisan compromise.
The bill would reopen the government through Jan. 15 and permit the Treasury to borrow normally through Feb. 7 or perhaps a month longer.
Congress faced a deadline of 11:59 p.m. on Thursday. That's when Treasury Secretary Jacob Lew had said the government would reach the current $16.7 trillion debt limit and could no longer borrow to meet its obligations.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
The Mommy McGyvers are talking all about how you can add a little to spice up your home during the holidays.
Sweet, crunchy and sometimes spicy popcorn make for a great snack and perfect holiday gifts. One local business is doing it just right with so many unique flavors! Jim Walker, owner of Walker's Popcorn Company, is here with some great …
The year is winding down, which means it's time to start thinking about your taxes if you want to minimize some of the pain of April 15. Financial advisor and vice president of Charles Schwab and Company, Mike Bonds, is here with some …