Senate Passes Bipartisan Budget


The US Senate passed the bipartisan budget this afternoon marking the first time our country has operated under a budget in years. The bill addresses some of the spending issues which had led to the government shutdown in October.

This bill is matters to investors as the October government shutdown was resolved with a temporary fix that was due to expire next month. Having this in place should remove some uncertainty (volatility) for investors and the markets in early 2014. There is still one more hurdle though: Congress must pass and the President must sign into law a bill by Jan. 15th to fund the government.

[*Read more at: Bloomberg*](http://www.bloomberg.com/news/2013-12-18/budget-deal-easing-63-billion-in-cuts-advances-in-senate.html)