The U.S. Senate approved a budget plan for 2 years


Moscow. October 30. The U.S. Senate early Friday approved a two-year budgetary framework, which, in particular, provides for an increased borrowing limit for the government. Thus, the U.S. will avoid a technical default, says Bloomberg.

The budget was approved by a majority of 64 votes in favor and 35 against. Now he aims for the approval of President Barack Obama.

The maximum amount of debt increases in this case to a level that will not revisit the issue until March 2017, that is until the arrival in the White house the new administration.

Budget spending, including defense spending, in the next two financial years will increase by $80 billion ($50 billion in the current fiscal year, which began October 1, and $30 billion in the next fingado).

The bill was a compromise between Republicans and the White house, triggering sharp criticism from Republicans-conservatives.

The current debt limit will be exhausted, according to the calculations of the Ministry of Finance, 3 November.

Budget scheme reduces significantly the probability of suspension of work by the U.S. government, but does not eliminate it completely: lawmakers must work out the details of the agreement before will be spent current funds allocated for the financing of the administration, that is, until 11 December.

In the last few years, the U.S. government was repeatedly on the verge of default because of the delays in examining the question of increasing the debt limit by Congress in connection with the confrontation of political parties. In the summer of 2011 that led to the downgrade of the U.S. in fall 2013 – the government shutdown.

Earlier, Obama said that it no longer intends to sign a short-term budget agreement.