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News Link • Government Debt & Financing

Well, That Didn't Last Long: Senate Deal Worked Out, Stocks Surge

• by Mike Mish Shedlock

The New York Times reports the US Senate Votes Overwhelmingly to End Government Shutdown.

The Senate voted 81-18 on Monday to end the three-day old government shutdown, with Democrats joining Republicans to clear the way for the passage of a short-term spending package that would fund the government through February 8 in exchange for a promise from Republican leaders to address the fate of young, undocumented immigrants known as Dreamers.

"In a few hours, the government will reopen," said Senator Chuck Schumer of New York, the Democratic leader. "We have a lot to do."

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