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US Senate Passes Two Year Budget Bill

2024-06-21OANDAOANDA
The US Senate has passed a two-year federal budget bill by 64 votes to 36 in a rare outbreak of fiscal deal-making on Capitol Hill. The legislation, which would avert a government shutdown in January, sailed through the Republican-held House of Representatives last week. The proposal was drafted by a cross-party budget committee set up […]

The US Senate has passed a two-year federal budget bill by 64 votes to 36 in a rare outbreak of fiscal deal-making on Capitol Hill.

The legislation, which would avert a government shutdown in January, sailed through the Republican-held House of Representatives last week.

The proposal was drafted by a cross-party budget committee set up after October’s 16-day government shutdown.

Republicans and Democrats are unpopular after a year of congressional inaction.

The year 2013 has seen political gridlock over President Barack Obama’s healthcare law, the federal debt limit and issues ranging from immigration to gun control.

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