Wednesday, 3 August 2011

US Senate has passed a deal struck between Republicans, Democrats - www.bbc.co.uk/news













US Senate backs debt ceiling deal hours before deadline

The US Senate has passed a deal struck between Republicans, Democrats and President Barack Obama to increase the US debt ceiling and avert a default.

Mr Obama is due to speak shortly after the legislation's passage and then sign the deal into law.

The bill raises the debt limit by up to $2.4tn (£1.5tn) from $14.3tn, and makes savings of at least $2.1tn in 10 years.

http://www.bbc.co.uk/news/world-us-canada-14379240




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