Senate Approves Two-Year Bipartisan Budget Agreement

October 30, 2015
  • Industry News

The Senate voted early Friday morning to approve a two-year budget deal that would increase spending limits and avert a damaging default, essentially ending the budgetary battles that have defined President Obama’s relationship with Congress in recent years.

The legislation passed by a vote of 64-35 after overcoming objections from conservative senators, including presidential candidates Rand Paul (R-Ky.) and Ted Cruz (R-Texas), that forced a rare series of votes at 1 a.m. Obama has until Nov. 3 to sign the agreement before the debt-limit deadline set by the Treasury Department.

Read more at The Washington Post: https://www.washingtonpost.com/news/powerpost/wp/2015/10/30/senate-approves-two-year-bipartisan-budget-agreement/