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Agreeing At Last: Congress Sends Tax, Spending Bill to Obama

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WASHINGTON (AP) - Congress ended its chaotic year on a surprising note of bipartisan unity and productivity Friday, overwhelmingly approving a massive 2016 tax and spending package and sending it to President Barack Obama, who promptly signed it.
 
Obama welcomed the sprawling legislation, a rare compromise product of the divided government. It includes something for nearly everyone, from parents and teachers to Big Oil and small business, from 9/11 first responders to cybersecurity hawks and more.
 
"There's some things in there that I don't like, but that's the nature of legislation and compromise, and I think the system worked," the president said at his year-end news conference at the White House before traveling with his family on their annual vacation to Hawaii. "It was a good win."
 
The legislation pairs two enormous bills: a $1.14 trillion government-wide spending measure to fund every Cabinet agency through next September, and a $680 billion tax package extending dozens of breaks touching all sectors of the economy, making several of them permanent and tossing the entire cost onto the deficit.
 
Republicans and Democrats joined to approve the spending bill on a resounding 316-113 vote in the House, a day after passing the tax bill. The unexpectedly large margin was a victory for new Speaker Paul Ryan, who saw a majority of his GOP lawmakers back the legislation despite complaints by frustrated conservatives whose priorities were ignored.

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