• U.S. House of Representatives approves a budget deal

Market news

29 October 2015

U.S. House of Representatives approves a budget deal

The U.S. House of Representatives approved a budget deal on Wednesday. 266 to 167 voted for the deal. 79 Republicans joined Democrats to approve the deal.

The deal means that debt limit was raised through March 2017.

Federal spending on defence and domestic programmes will rise over $80 billion for the next two years.

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