Factbox: Details of U.S. Congress bill to avoid default

(Reuters) - The U.S. Congress late on Wednesday approved bipartisan legislation to end a federal government shutdown and raise the Treasury Department's borrowing authority. Passage of the hard-fought measure in the Senate and House of Representatives came on the 16th day that many federal agencies were closed due to a lack of funding from Congress. Without quick action, the U.S. government risked a default as its credit limit would have been exhausted on Thursday. ...



via Health News Headlines - Yahoo! News http://news.yahoo.com/factbox-details-u-congress-bill-avoid-default-030807210--sector.html