US Senate approved a two-year budget to avoid debt default. The document has been submitted to President Barak Obama for approval, RBC-Ukraine (РБК-Украина) reports.
According to the document, the budgetary costs will increase by USD 80 billion within next two years. The plan also sets the limit amount of state debt, which will not be reconsidered until March 2017, when USA will have new administration.
On October 26 in US Congress the Republicans reached a compromise agreement with White House on budget course within 2 next years.
