House passes bipartisan budget plan, debt limit increase

By The Associated Press

House Democratic Leader Nancy Pelosi of Calif., center, speaks as Senate Minority Leader Harry Reid of Nev., second from right, listens as she talks to reporters on Capitol Hill in Washington, Wednesday, Oct. 28, 2015, about the passage of a budget by the House. (AP Photo/Susan Walsh)

WASHINGTON — The House has passed a bipartisan budget-and-debt deal that prevents an unprecedented government default.

A coalition of Democrats, GOP defense hawks and pragmatic Republicans supported the measure.

The legislation now heads to the Senate, which is on track to pass it before Tuesday's deadline for increasing the so-called debt limit. It gives the government authority to borrow freely through March 2017.

The measure is the result of hard-fought negotiations between congressional leaders and President Barack Obama.

The bill also calls for approximately $112 billion in additional spending over two years, to be allocated in upcoming legislation negotiated by the House and Senate.

About $80 billion would be offset by spending cuts elsewhere in the budget.