Brushing aside concerns about deepening the budget deficit, U.S. lawmakers approved $1.8 trillion worth of federal spending and tax breaks on Friday in a rare case of bipartisan action after years of damaging fiscal fights in Congress.

The Senate voted 65-33 to approve sweeping legislation that averted a government shutdown, locked in billions of dollars of tax breaks and scrapped a 40-year-old ban on the export of U.S. oil.

Negotiations on Capitol Hill were mostly free of the acrimony that has blighted similar talks for the past five years and forced lawmakers to produce a succession of stopgap measures just to keep the government running.

"I think the system worked" this time, said President Barack Obama, who will now sign the bill into law.

It was a win for new House of Representatives Speaker Paul Ryan, who managed to keep fiscal hawks in his Republican caucus under control during weeks of talks and avoid the kind of infighting that plagued his predecessor, John Boehner.

Obama gave Ryan's efforts a nod during a White House news conference....