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17 October 2013

 

Shutdown over For Now: Obama signs bill to end partial shutdown, hike debt ceiling

US Congress has approved the Senate's bipartisan bill, ending the debt limit stalemate in Washington after 16 days of the US Federal Government shutdown. Debt crisis has thus been averted. A potentially crippling U.S. debt default was averted late Wednesday, as Congress passed legislation to end a two-week political battle that had rattled financial markets, splintered the Republican Party and showcased Washington dysfunction.

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