Senate Poised to Pass Budget Deal Ending Set-Aside for Nonprofit Lenders

The U.S. Senate cleared the way on Tuesday for passage of a budget deal that sets annual spending levels around $1-trillion in both the 2014 and 2015 fiscal years, and rolls back some of the automatic spending cuts that would otherwise take effect in mid-January.

Once the Senate passes the budget blueprint, a step expected later this week, it will head to Congressional appropriators, who will determine how much money will be spent on agencies and programs, including research and