Budget Deal Reached, Short-Term Funding Measure Passes

Senators have adopted, by Voice Vote, a continuing resolution (H.R. 1363) to fund the government through Friday, April 15. According to ABC News, the short-term measure contains “$2 billion in cuts.”

Senator Rand Paul (R-KY) entered the following statement into the Congressional Record in opposition to the vote:

Mr. President, I voted against this short-term continuing resolution for the same reason I voted against the last one and the one before that – because it does not set us on a path to fixing the spending and debt problems our country is facing. As I have said before, there is not much of a difference between a $1.5 trillion deficit and a $1.6 trillion deficit – both will lead us to a debt crisis that we may not recover from.

Passage was preceded by an agreement being reached regarding a spending bill to fund the government for the rest of this fiscal year. That measure would cut a total of “$37.67 billion from the 2010 budget and keep intact funding to Planned Parenthood.”

$2 billion of those overall cuts are included in the short-term funding measure approved on Friday.

The long-term budget agreement will be voted on sometime next week. It does include “an abortion funding ban for Washington, D.C., which President Obama has signed into law before.”

The agreement also “calls for the Senate to hold votes on rescinding the health care law and eliminating funding for Planned Parenthood.”

Republicans added the agreement denies additional funding to the IRS, requires yearly audits of the Consumer Financial Protection Bureau and mandates additional study of the health care law that they believe will aid their fight to repeal it.

According to the Washington Post, the budget deal also adds funding for a “program that provides low-income District students with money to attend private schools.”

Update: The AP reports that President Obama has “signed a short-term spending bill to pay for federal operations through Friday.”

1 Comment

Filed under Budget, Continuing Resolution

One response to “Budget Deal Reached, Short-Term Funding Measure Passes

  1. I?ve been exploring for a bit for any high quality articles or blog posts on this sort of house . Exploring in Yahoo I eventually stumbled upon this website. Reading this information So i?m satisfied to exhibit that I have a very good uncanny feeling I found out just what I needed. I so much definitely will make sure to don?t omit this website and provides it a glance regularly.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s