April 9, 2011

Shutdown Averted

By Christy Gullion

President Obama and Congressional leaders announced a budget deal late Friday to avert a government shutdown. The outline of the deal is as follows: up to $39 billion in cuts from the 2010 budget, $514 billion in spending for the defense budget covering the remainder of this fiscal year, a GOP agreement to abandon controversial policy riders dealing with Planned Parenthood and the EPA, and an agreement to pass a seventh continuing resolution late Friday night to keep the government operating through next Thursday while the deal is written in bill form. The temporary measure also cuts nearly $2 billion in spending from transportation and housing programs.

Comments are closed.