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2011 Apr 14 - Headline News

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2011 Apr 14 - Headline News Empty Senate, House pass 2011 spending bill

Post by Admin Thu 21 Apr 2011, 5:13 am

Congress passes budget deal despite GOP defections

Washington (CNN) -- A budget deal reached last week to avert a government shutdown won approval Thursday from both the House and Senate, sending it to President Barack Obama for his signature.

The measure cuts $38.5 billion in spending while funding the government for the rest of the current fiscal year, which ends September 30. With its passage, the White House and Congress will now focus on what are expected to be more rancorous battles over a budget for fiscal year 2012 and the upcoming need to raise the federal debt limit.

A final-hour agreement last Friday in talks involving Obama, Senate Majority Leader Harry Reid, D-Nevada, and House Speaker John Boehner included the spending cuts demanded by Republicans as a step toward controlling America's skyrocketing debt.

The measure passed the Republican-controlled House on a 260-167 vote. The bill would not have passed without support from members of both parties, as 59 members of the Republican majority opposed it, showing the challenge faced by Boehner in keeping his conservative Tea Party-infused caucus unified. amid politically perilous tax and spending negotiations with the Democrats.

[more...]
http://www.cnn.com/2011/POLITICS/04/14/house.budget.vote/index.html
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2011 Apr 14 - Headline News Empty 2011 Apr 14 - Headline News

Post by Admin Tue 19 Apr 2011, 4:39 am

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