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Pressure is on to end government shutdown

Washington - Lawmakers are scrambling to get a last-minute deal together to end the government shutdown.
 
 A last-ditch alternative plan in the House didn't even make it to a vote Tuesday night.

Now all eyes are on the Senate to hammer out a compromise.

Harry Reid and Mitch McConnell have reportedly drafted up a deal that would:

    Reopen the government until January 15

    Extend the nation's credit limit until February 7, and

    Make no major changes to president Obamas health care law.

However, many, including President Obama, are skeptical the plan will win support in both the Senate and the House.
 
In the meantime, Wall Street braces for possible default.

One of the top three credit ratings agencies put the U.S. AAA credit rating under review for possible downgrade.

The senate reconvenes at noon Wednesday, giving them just hours to approve a deal.

Without a plan, the U.S. faces its first ever default.

 
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Washington Times