Fiscal negotiations stumble in Congress as deadline nears
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Negotiations in Congress to end the fiscal impasse sputtered on Tuesday, leaving both chambers grasping for a way to reopen the government and raise the country's borrowing authority with a Thursday deadline drawing near.
The Senate halted discussions on its own plan, as it waited for the fractious Republican-controlled House of Representatives to come up with an alternative proposal ahead of the Oct. 17 deadline, when the US Treasury says the government will reach its borrowing limit. (Reuters)
