Obama gets debt limit and budget truce until term ends

Obama gets debt limit and budget truce until term ends

WASHINGTON (Reuters) - US President Barack Obama has succeeded in getting the US Congress to pass legislation early on Friday to ward off the threat of default.

WASHINGTON (Reuters) - US President Barack Obama has succeeded in getting the US Congress to pass legislation early on Friday that rules away the threat of a public debt default by the end of his term and a budget bill that relieves spending limits by September 2017.The Senate approved the measure by 64 votes in favor and 35 votes against.The bill has been negotiated over the past few weeks by the White House and parliamentary leaders, including John Boehner, who recently resigned as mayor.(Reporting by David Lawder and Susan Cornwell) ...


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