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U.S. House Passes Bill to Fund Government, Export Crude Oil

Posted by December 18, 2015

The U.S. House of Representatives on Friday overwhelmingly passed a $1.1 trillion spending bill to keep government agencies open and funded through September 2016 and lift the 40-year-old ban on U.S. crude oil exports.
 
The bipartisan vote sends the bill to the Senate, where Republican and Democratic leaders have agreed to combine it with a package of tax breaks passed on Thursday. The Senate will then take up the combined package in a series of procedural and a final vote expected by early Friday afternoon.
 
 
(Reporting by Susan Cornwell, David Lawder and Richard Cowan)

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