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Thursday, October 17, 2013

US Shutdown ends


US Congress has raised US Debt limit and Chances of US default are now faded away and opened Federal Government .This move ended a prolonged fiscal crisis that could may cause US fault and a lot of other countries. Although this deal is not a permanent solution and it is just a temporary fix and does not resolve the fundamental issues of spending and deficits that divide Republicans and Democrats. This will fund the government until January 15 and raises the debt ceiling until February 7. There are very chances that US government may face another shutdown in next year. Senate passing the measure by 81 votes to 18 and the House 285 votes to 144. Barack Obama appreciated Senate Compromise. Obama Said that "begin to lift this cloud of uncertainty and unease from our businesses and from the American people". for more please read at:-http://www.aljazeera.com/news/americas/2013/10/us-government-partial-shutdown-ends-201310162387774904.html

US Shutdown ends


US Congress has raised US Debt limit and Chances of US default are now faded away and opened Federal Government .This move ended a prolonged fiscal crisis that could may cause US fault and a lot of other countries. Although this deal is not a permanent solution and it is just a temporary fix and does not resolve the fundamental issues of spending and deficits that divide Republicans and Democrats. This will fund the government until January 15 and raises the debt ceiling until February 7. There are very chances that US government may face another shutdown in next year. Senate passing the measure by 81 votes to 18 and the House 285 votes to 144. Barack Obama appreciated Senate Compromise. Obama Said that "begin to lift this cloud of uncertainty and unease from our businesses and from the American people". for more please read at:-http://www.aljazeera.com/news/americas/2013/10/us-government-partial-shutdown-ends-201310162387774904.html