Wednesday, December 10, 2014

Deal reached on $1.01 trillion spending bill

Congressional leaders unveiled a massive $1.01 trillion spending bill Tuesday night that will keep most of the federal government funded through September. The legislation is expected to pass in the coming days and will allow the incoming Republican-controlled Congress to clear the decks of lingering spending issues while setting the stage for a prolonged fight with President Obama over immigration policy. At 1,603 pages, the bill includes at least $1.2 billion for agencies to deal with the influx of unaccompanied immigrant children who crossed the U.S.-Mexico border. There’s also money to fight the rise of the Islamic State and $5.4 billion to fight the threat of Ebola. But there are also significant changes to campaign finance laws and potential cuts to retiree pension plans. Democrats were cheering bigger budgets for enforcement at agencies created after the 2008 economic collapse. House leaders are planning to introduce a stopgap bill to give the House and Senate a few more days to pass the final measure and avoid a government shutdown Thursday night...more

No comments: