Tuesday, October 15, 2013

Reuters: Politics: U.S. Senate fiscal deal could come late Tuesday: Senate aide

Reuters: Politics
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U.S. Senate fiscal deal could come late Tuesday: Senate aide
Oct 16th 2013, 00:09

WASHINGTON | Tue Oct 15, 2013 8:09pm EDT

WASHINGTON (Reuters) - Democratic and Republican leaders in the U.S. Senate could announce a deal late on Tuesday to extend the government's borrowing authority until February 7 and quickly re-open federal agencies that have been closed since October 1, a Senate aide said.

The aide described a deal in line with provisions that were being negotiated in the Senate before a failed House of Representatives proposal suspended those talks. The provisions include a temporary government spending bill running through January 15.

The aide said discussions were also underway in which the Republican-controlled House, if it cooperated, could help speed up passage of any deal before a Thursday deadline when the Treasury Department says it will bump up against its borrowing limit.

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