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Aiken Standard in Aiken, South Carolina

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Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

Oct 15, 2013

Page

11

Deal Near as Reid and McConnell Seek Shutdown End

Senate leaders Reid and McConnell pressed a deal to raise the debt limit and reopen the government. The plan would extend borrowing authority into mid February, keep agencies funded through mid January, and discuss Obamacare fee delays and medical device tax repeal amid GOP concerns and Democratic pushback.

Washington D.C Senate Treasury Harry Reid Mitch McConnell McConnell Reid D-Nev House

U.S. Creditor Defaults Told Of Past Debacles

The article recounts two failures to pay creditors in U S history. First in 1812 during wartime when funds were exhausted and government buildings burned. second in 1979 due to a back office paperwork backlog tied to debt limit delays.

Treasury White House Capitol Treasury Department

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