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Reports: Sen. Bob Corker Clears Way for Fiscal 2016 Budget Vote

Capitol_BuildingSen. Bob Corker (R-Tenn.) has decided to sign a House-Senate joint fiscal 2016 spending resolution after blocking the proposed budget for two days, Politico reported Wednesday.

Rachael Blade writes Corker had refused to endorse the blueprint as a negotiator because of what he called an accounting “gimmick” to boost discretionary program funding.

His move did not prompt changes to the framework, but he told Politico he met with other lawmakers from both chambers about strategies they need to work out on to address the U.S.’ fiscal challenges.

Erik Wasson and Billy House reported for Bloomberg the tentative budget agreement calls for spending cuts of more than $5 trillion next fiscal year without a tax raise.

The deal would also increase the Defense Department‘s overseas contingency operations funds, as well as allow Republican lawmakers to directly offer President Barack Obama legislation to repeal healthcare law, according to Bloomberg.

The Republican-led Congress aims to vote on the budget this week.

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