Reid, McConnell come up with plan to finance government

Wikicommons

Wikicommons

WASHINGTON (AP) - Republican Sen. Bob Corker says a plan could be finalized later today to reopen the government through Jan. 15 and raise the government's borrowing limit at least until mid-February.

The plan comes out of discussions between Senate Majority Leader Harry Reid and GOP leader Mitch McConnell.

Hopes of a deal appear to be encouraging the financial markets. European stocks are up in early trading and most Asian markets closed higher. Dow and S&P futures are also pointing higher.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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