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  • Senator: Deal to avoid default and open government

    10/16/2013 8:24:39 AM PDT · by TangledUpInBlue · 194 replies
    AP ^ | 10/16/13 | Alan Fram
    Senate leaders reached agreement Wednesday to avert a threatened Treasury default and reopen the government after a partial, 16-day shutdown, according to a Republican senator who also said the House might vote first on the plan to speed its approval. The New York Stock Exchange soared on the news that the threat of default was easing in, rising nearly 200 points by late morning. "I understand they've come to an agreement but I'm going to let the leader announce that," Sen. Kelly Ayotte, R-N.H........