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debt default

    Shutdown Ended, Debt Default Averted By Last Minute Bill

    President Barack Obama signed a bill early Thursday morning that ended the 16-day government shutdown and averted a default on the national debt. The bill had previously passed in both houses after a bipartisan compromise in the Senate on Wednesday.

    Government Shutdown Could End Today, Pending Passage In Both Houses

    United States Senators have reached an agreement that could end the government shutdown on Wednesday, pending House approval. The proposed plan would reopen the government through mid-January.