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Friday, December 16, 2011

House Passes One Trillion Dollar Budget Bill!

Posted by Unknown on 2:56 PM


The House of Representatives has passes a bill that would give the US a trillion dollar budget to avoid a government shutdown. The bill will be paying for paying for day-to-day budgets of 10 Cabinet departments. The bill was passed with a vote of 296-121. Read more after the jump.

The House has passed a $1 trillion-plus catchall budget bill paying for day-to-day budgets of 10 Cabinet departments and averting a government shutdown.

The 296-121 vote to approve the measure represented a rare moment of bipartisanship in a polarized Capitol. Lawmakers are also seeking compromise on separate legislation to renew jobless benefits and a cut in payroll taxes.

The bill trims most domestic agencies and awards the Pentagon the smallest budget hike in recent memory. It pays for overseas military operations and a slew of programs ranging from border security to flood control to combating AIDS and famine in Africa.

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