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WASHINGTON (AP) — The U.S. Senate will be in session on Saturday as lawmakers attempt to wrap up business for the year.
They'll resume work at noon after being unable to ratify a $1.1 trillion spending bill that narrowly passed the House. President Barack Obama concedes the measure is "imperfect" but says compromise is needed in divided government.
To give the Senate time to complete action, Obama signed a 48-hour law to keep the government funded through Saturday and prevent a shutdown. A second stop-gap bill is also cleared by the House on Friday is pending in the Senate, to make sure the government had funding through Wednesday.
A major sticking point has been a provision that would ease big bank restrictions on high-risk instruments critics say would put taxpayers on the hook for another bailout. Vermont's Bernie Sanders says anyone who thinks Congress regulates Wall Street has it backward.
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