Where Things Stand Now

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The Senate is about to vote on the debt limit deal, in a series of two votes in the next few minutes.

As part of the deal, the Senate just agreed by unanimous consent to go into a budget conference with the House — something Democrats have been seeking for months, but which Republicans had rejected until just before the government shutdown, when they switched strategies.

Once the Senate passes the debt deal, it will go to the House, where a vote is expected later this evening.

You can read the bill here. More on what it contains here and here.

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