US debt accord elusive as Seanate leaders seek shutdown end

US Senate leaders have yet to reach an agreement on how to end the fiscal impasse amid mounting concern in financial markets three days before the government’s borrowing authority lapses.

14th October, 2013
US president Barack Obama

US Senate leaders have yet to reach an agreement on how to end the fiscal impasse amid mounting concern in financial markets three days before the government’s borrowing authority lapses.

Senate Majority Leader Harry Reid said yesterday that he had a “productive conversation” with Minority Leader Mitch McConnell without reaching a conclusion on a plan to send to the Democratic-controlled chamber for a vote.

Their phone call yesterday produced “nothing new...

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