Reuters: Politics: Congress leaders reach deal to avoid government shutdown threat

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Congress leaders reach deal to avoid government shutdown threat Jul 31st 2012, 18:24 WASHINGTON | Tue Jul 31, 2012 1:53pm EDT WASHINGTON (Reuters) - Democrats and Republicans in the U.S. Congress have reached a deal to fund federal government activities through next March and eliminate any threat of agency shut downs that could upset voters ahead of the November 6 presidential and congressional elections, congressional aides said on Tuesday. The deal, which congressional leaders were expected to announce later on Tuesday, would fund discretionary federal programs - from defense and foreign aid to education, transportation and medical research - at levels specified in last year's debt limit deal, about $1.047 trillion. The full House of Representatives and Senate would still need to approve the measure by September 30, the end of the current fiscal year.

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