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Congress takes default off table: House suspends debt ceiling, Senate to follow suit
The U.S. government will not default on its debts, thanks to a 285-144 vote in the U.S. House of Representatives Wednesday to suspend the government's debt ceiling until March 19, the Business Journals reported.
The Senate will pass the bill as soon as possible, said Senate Majority Leader Harry Reid, D-Nev. "We don't want another crisis," Reid said.
IN FOCUS TODAY
Friday, May 17, 2013 - 4:41am
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Friday, May 17, 2013 - 4:37am
WYPR's Fraser Smith and Karen Hosler talk about changes to the horse racing industry in Maryland...
Thursday, May 16, 2013 - 7:00am
Attorney General Doug Gansler may run for governor in 2014, but he's moving toward a decision...