US Senate has enough votes to pass debt limit bill

Senate advances debt limit bill
Senate advances debt limit bill   

The U.S. Congress approved legislation on Wednesday to extend U.S. federal borrowing authority for a year, bowing to President Barack Obama's demands for a debt limit increase without any conditions.

Final action came as the Democratic-controlled Senate voted 55-43 to approve a "clean'' hike in the debt ceiling, after an hour-long procedural vote. The measure now goes to Obama to be signed into law. The House of Representatives passed the measure on Tuesday.

—Reuters