House Passes Two-Year Budget Deal

The House “passed a two-year budget deal that would extend the government’s borrowing limit less than a week before the Treasury risks being unable to pay its bills,” the Wall Street Journal reports.

“The legislation now heads to the Senate, which is expected to pass it later this week or weekend, depending on whether its opponents try to drag out the process. GOP presidential candidate Sen. Rand Paul of Kentucky has indicated he will block efforts to speed up the deal’s Senate passage.”