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US Senate approves bill to avert debt default

WASHINGTON : The US Senate on Tuesday approved legislation to avert a disastrous debt default and cut trillions in gover
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By Muhammad Iqbal
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billWASHINGTON: The US Senate on Tuesday approved legislation to avert a disastrous debt default and cut trillions in government spending, sending the contentious bill to President Barack Obama to sign into law.

Lawmakers voted 74-26 to pass the measure which cleared the House of Representatives by an overwhelming 269-161 margin a day earlier with just hours to spare before a midnight (0400 Wednesday) deadline.

 

Copyright AFP (Agence France-Presse), 2011

 

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