U.S. House Minority Leader Nancy Pelosi speaks at a news conference with members of the House Democratic leadership following the House vote on the Omnibus bill on Capitol Hill in Washington

Fiscal fights fade as U.S. Congress backs huge budget bill

U.S. House Minority Leader Nancy Pelosi speaks at a news conference with members of the House Democratic leadership following the House vote on the Omnibus bill on Capitol Hill in WashingtonBy Richard Cowan and Susan Cornwell WASHINGTON (Reuters) – Brushing aside concerns about deepening the budget deficit, U.S. lawmakers approved $1.8 trillion worth of federal spending and tax breaks on Friday in a rare case of bipartisan action after years of damaging fiscal fights in Congress. The Senate voted 65-33 to approve sweeping legislation that averted a government shutdown, locked in billions of dollars of tax breaks and scrapped a 40-year-old ban on the export of U.S. oil. “I think the system worked” this time, President Barack Obama said during a White House news conference.

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