While you were sleeping Clock ticks on US debt deal

Tue, 15 Oct 2013

By Margreet Dietz Oct 16 (BusinessDesk) – Wall Street dropped as the October 17 deadline for an agreement to lift the US debt ceiling and avoid a government default approached rapidly as lawmakers' bickering continued. The House and the Senate were working on competing plans for a resolution. "There are a lot of opinions about what direction to go. There have been no decisions about exactly what we will do," House Speaker John Boehner told reporters, repeating that he was determined not to allow a default and Republican efforts would continu...

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