US House defeats Democratic debt bill

The Republican-led House of Representatives rejected a proposal on Saturday from Democratic Senate Majority Leader Harry Reid to avert a US debt default with ruinous global consequences.In numbers

Updated on: Jul 31, 2011, 01:33:47 IST

AFP | By HT Correspondent, Washington

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The Republican-led House of Representatives rejected a proposal on Saturday from Democratic Senate Majority Leader Harry Reid to avert a US debt default with ruinous global consequences.

Lawmakers voted 173-246 to defeat the measure, amid a frantic beat-the-clock effort in Congress to forge a compromise ahead of a midnight Tuesday deadline by which Washington runs out of cash to pay its bills.

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