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Republicans, Democrats Reach Agreement on 2016 Budget

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U.S. congressional negotiators have reached an agreement on a $1.1 trillion government spending plan through 2016 that would extend many popular tax cuts for businesses and individuals. House Republican lawmakers unveiled provisions of the massive spending bill late Tuesday night after emerging from a meeting led by House Speaker Paul Ryan. The items include an end to the 40-year-old ban on exporting crude oil from the United States sought by Republicans, and a five-year extension of tax...

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