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Senate Passes Bipartisan 2-Year Budget Deal

HeadlineOct 30, 2015

In Washington, the Senate has passed a bipartisan budget deal to avert government default. The two-year budget includes cuts to Social Security disability benefits and Medicare payments to providers. New revenue would come from sales of U.S. oil reserves and the use of public airwaves for telecommunications firms. It will also increase military spending by about $25 billion for each of the next two fiscal years.

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