Two-Year Budget Deal Passes House, Moves to Senate
Yesterday, the House of Representatives approved by a vote of 266-167, the Bipartisan Budget Act of 2015, a two-year budget deal that will help avert automatic, across-the-board budget cuts in fiscal years 2016 and 2017 through raising government spending levels by about $80 billion annually and suspending the national debt limit until March 2017. Seventy-nine Republicans joined with 167 Democrats in passing the act. The Senate is expected to pass the measure on Friday or over the weekend.