Stopgap Budget Bill Shows Compromise, but Misguided Congressional Priorities (ContributorNetwork) – 1520th Edition

20 11 2011

ContributorNetwork – COMMENTARY | The gap between Republicans and Democrats isn’t impassable after all. Early on Thursday the House of Representatives voted 298-121 to approve $130.4 billion in federal spending cuts, before the bill passed 70-30 in the Senate. After easily passing through Congress, President Barack Obama signed the bill into law, giving a 2012 budget for five Cabinet-level agencies, along with numerous state and local agencies and NASA. The budget is the first step towards creating a leaner government, but will only reduce federal spending by about 0.5 percent ($700 million), according to a Washington Post report.
By us.rd.yahoo.com
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