U.S. House Votes 316 - 113 to Pass Tax, Spending Bill; Will Lift Ban on Crude Exports (USO) (OIL)
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(Updated - December 18, 2015 9:58 AM EST)
U.S. House votes 316 - 113 to pass tax, spending package.
UPDATE - The bill averts a government shutdown and also ends a 40-year ban on crude oil exports.
The bill -- which will finance the government through 2016 -- will now move to the Senate for a vote later today.
With the measure to lift the ban on crude exports, extensions of solar and wind energy tax credits will also be implemented.
Around $680 billion in tax breaks will also be revived, according to reports.
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