It also gives new Speaker Paul Ryan (R-Wis.) breathing room as he settles in to the House’s top spot, by allowing him to avoid what had been a looming Nov. 3 deadline to pass a debt bill and mid-December deadline fund the government.
The deal suspends the limit on borrowing until March 16, 2017, leaving the next fight to Obama’s successor.
It also raises spending levels above the 2011 Budget Control Act, increasing funding by $80 billion through September 2017.
Source: Senate approves two-year budget deal in 3 a.m. vote | TheHill
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