After weeks of stalemate that shuttered the government for 16 days
and brought the nation within hours of a key deadline to renew its borrowing
authority, the standoff is finally over.
The House passed a bill late Wednesday night to re-open the
government and extend the debt ceiling until Feb. 7. That vote came hours after the Senate approved
the measure 81-18.
In remarks at the White House after the Senate vote – but before
the House took up the measure – President Barack Obama said that he will sign
the bill as soon as it arrives on his desk and that the government will begin
re-opening "immediately."
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