Time running out for U.S. congress

The United States Congress has just one day left to strike a deal before the government defaults tomorrow. The Fitch credit rating agency has put

WASHINGTON - The United States Congress has just one day left to strike a deal before the government defaults tomorrow.

The Fitch credit rating agency has put the country on a "Ratings Watch," which could result in a downgrade of the nation's credit rating.

Senate Majority Leader Harry Reid and Republican leader Mitch McConnell say they hope to have a compromise ready today, which would reopen the government and raise the debt ceiling.

Meanwhile, investors are waiting to see if Congress can avoid our first-ever government default.
 

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