Ann Compton, ABC News White House Correspondent, gave AM 820 News an exclusive update:
It’s apparently up to the U.S. Senate to fashion a compromise to reopen the government and avert a national default.
Hours after House leadership said there would be a late vote on an alternative to a possible Senate compromise, the measure was pulled.
Meanwhile, aides to both Senate Majority Leader Harry Reid and the Republican leader, Mitch McConnell, expressed revived optimism about chances for a swift agreement — by Wednesday at the latest — that could pass both houses.
In New York, the stock market dropped and the Fitch rating agency warned that it was reviewing the government’s AAA credit rating for a possible downgrade, though no action was near.
Source: Associated Press