White House praises Senate last-minute budget deal - KNOE 8 News; KNOE-TV; KNOE.com |

White House praises Senate last-minute budget deal

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Source: AP Source: AP

WASHINGTON (AP & KNOE 8 News) - The White House is urging quick congressional approval of a deal to raise the debt ceiling and end the partial government shutdown. 

White House spokesman Jay Carney says the deal reached by Senate leaders "achieves what's necessary" to reopen the government, remove the threat of default and move past brinksmanship. 

Carney says the agreement is bipartisan and that President Barack Obama is looking for Congress to act so he can sign it and remove the threat to the economy. 

Obama's spokesman is praising Senate Majority Leader Harry Reid and Senate Republican leader Mitch McConnell for working together. 

Reid announced the deal at the start of Wednesday's Senate session. The agreement would reopen the government through Jan. 15 and increase the nation's borrowing authority through Feb. 7. 

Background Stories:

WASHINGTON (AP) - Senate Majority Leader Harry Reid says a bipartisan deal has been reached to avoid a U.S. default and end the government shutdown. Speaking on the Senate floor, Reid thanked Republican leader Mitch McConnell for working out the agreement, which would reopen the government through Jan. 15 and increase the nation's borrowing authority through Feb. 7. A smiling McConnell said Republicans had secured a deal to have spending in one area of the budget decline for two years in a row, adding, "we're not going back."

WASHINGTON (AP) - A deal is in place, but House and Senate votes are still needed to approve legislation extending the government's ability to borrowing and end the federal shutdown. On the Senate side, the Republican who led the effort to attach health care provisions to such measures is standing down. Sen. Ted Cruz says he plans to vote against the bipartisan bill but won't use Senate delaying tactics to stall the legislation.

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