Irish Examiner – Last Ditch Attempts To Avert US Fiscal Default – 14 October 2013

Irish Examiner

Congressional negotiations to end a US fiscal crisis gripping Washington and spooking financial markets hung by a thread last night after bipartisan talks broke down in the House of Representatives and shifted to Senate leaders.

By Thomas Ferraro and Tim Reid Reuters

Senate majority leader Harry Reid, a Democrat, held an initial session with Senate Republican leader Mitch McConnell. But uncertainty remained about their ability to reach an agreement quickly to end a partial government shutdown and increase the nation’s borrowing authority.

www.irishexaminer.com / link to original article

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