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Transcripts For ALJAZAM News 20131017

We can begin to lift this cloud of uncertainty and unease from our businesses and from the American People. And wall street was ready for tonights deal, stocks soared even before the votes were taken. Just about an hour ago the house passed a bill to increase the debt limit and provide enough funding to end the 16day Government Shutdown. The house vote followed an 8118 vote in the senate. The legislation permits the u. S. Treasury to borrow through february 7th, and it funds the government until january 15th. More than 2 million federal workers will now receive back pay. Lets start with Mike Viqueira who is at the white house. Mike, how much of a victory is this for the president . Reporter well, its a big victory. And i think that from any objective standard you can see the president held type lock stop with the creme cats i cremn the house and senate. And republicans were divided and the result has been laid bear for everyone to see over the course of the last 48 hours or so. Its a s

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