Government shutdown 2013: Deal struck to end shutdown, raise debt limit
WASHINGTON (WJLA) - There was a sigh of relief on the Senate floor Wednesday: A deal was struck that was bi-partisan, even if, begrudgingly.
"This is far less than many of us had hoped for, frankly, but it's far better than what some had sought,” Senate Minority Leader Mitch McConnell.
And at the prospect of a reopened government and the end to these dramatic displays, the Dow skyrocketed up 200 points by noon.
Key members promised they'd no longer hold up the bill in the Senate, including House Speaker John Boehner, who said the House won’t block the senate agreement.
The consensus, at least in the Senate plan, funds the government until mid-January and allows the U.S. to borrow money through early February.
It also says lawmakers must come up with a long-term budget in December and will check income levels on people signing up for the new healthcare system.
At the White House, there was very cautious optimism it'll hit the president's desk Wednesday night. The House is set to vote on the bill at about 11 p.m.