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US Congress leaders reach deal to avoid government shutdown threat

World News

31-07-2012 | 14:26

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US Congress leaders reach deal to avoid government shutdown threat

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 Nov. 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 Sept. 30, the end of the current fiscal year.

REUTERS

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