Crisis in the U.S. has ended. |
In the Senate wing of the U.S. Congress, to find solutions to the crisis ongoing since Friday for the first time yesterday working intensively concrete has reached a stage. And Senate Majority Leader Democrat Harry Reid and Republican caucus chief Mitch McConnell of time bumpy negotiations result, yesterday at noon, the two sides government open, the U.S. default risk will save you a plan agreed upon was learned. The formula until January 15 that the federal government is authorized to spend from the budget, until February 7 around a bill authorizing the borrowing occurs, it was learned. However, during this time, representatives of both sides of the long-term budget cuts will work on a program specified.
If American politicians today TSI 07.00 U.S. if they can not agree on a plan to increase the debt limit in the hands of the U.S. Treasury $ 30 billion in cash and pay bills that need to be left alone. Today the U.S. has $ 120 billion in debt auctions rotation. Normally, investors holding bonds in the hands of such auctions and allows the debt to be returned . If these bills and the other recipients will not have to pay the U.S. government remains in all, it can not pay the debt of the United States and will be in default means . A single installment of an ongoing mortgage loans mortgage loans instead of requesting from you all a situation like this . However, this probably will not happen , and the U.S. Treasury Department 's roll debt with cash on hand and debt interest will continue to pay the bills for a while. According to the calculations made an agreement not be achieved, the default between October 22 and November 1 will take place at a later date.
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