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News Link • Government Debt & Financing

Senate Passes Bill To End Shutdown - Now On To The House

• Zero Hedge

Update (2135ET): The Senate has finally approved a long-sought funding package to end the government shutdown, after eight Democrats crossed the aisle to back the bill - which will keep the lights on until Jan. 30 when we get to do this all over again. The legislation now heads to the House for approval.

The final version also includes three year-long funding bills for several federal agencies and programs that don't have to do this dance in January, and reinstates federal workers who were laid off during the shutdown. 

In exchange for the Democrats' support, Republicans promised to hold a vote by mid-December on extending enhanced Obamacare tax credits which were central to Democrats' demands. 


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