Tuesday, October 27, 2015

BREAKING: White House, Congress Agree to Tentative Budget Deal; Debt Limit Hike

The spending shall continue.

Congressional leaders have reached a breakthrough tentative budget deal with the White House that would set government funding levels for the next two years and extend the nation's debt limit through 2017, avoiding routine talks of a government shutdown, reports NBC News.

The 144-page bipartisan funding bill, labeled a "discussion draft," was posted Monday online just before midnight setting up a potential vote in the House as early as Wednesday.

Without a deal, government funding is set to expire on December 11th, while the debt limit deadline is November 3rd, according to the Treasury Department.


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