White House agrees to $6.5B more in budget cuts (AP) – 204th Edition

4 03 2011

President Barack Obama signs the two-week funding bill averting a government shutdown in the Oval Office at the White House in Washington, Wednesday, March 2, 2011. The Senate on Wednesday sent President Barack Obama a Republican-drafted stopgap funding bill that trims $4 billion from the budget, completing hastily processed legislation designed to keep partisan divisions from forcing a government shutdown. (AP Photo/Charles Dharapak)AP – The White House called for $6.5 billion in immediate spending cuts Thursday as negotiations opened with tea party-backed Republicans in Congress seeking reductions nearly 10 times as large in their drive to reduce the size of federal government.

By us.rd.yahoo.com
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