“Senate leaders neared the completion Monday night of a bipartisan deal to raise the debt ceiling and end the government shutdown…
“…while the rest of the world braced for the possibility of an American default that could set off a global financial disaster.
“…senators from both parties coalesced around a plan that would lift the debt limit through Feb. 7, pass a resolution to finance the government through Jan. 15 and conclude formal discussions on a long-term tax and spending plan no later than Dec. 13…
“…it was already clear that the most conservative members of the House were not going to go along quietly with a plan that does not accomplish their goal from the outset of this two-week-old crisis: dismantling the president’s health care law…” -NYTimes.com
