FarmPolicy

Budget; Farm Bill; Ag Economy; 1099; Regulations; and Trade

Budget: Continuing Resolution Passes House and Senate

Janet Hook reported in today’s Wall Street Journal that, “Congress on Thursday ended months of political haggling and passed a bill cutting nearly $40 billion from the 2011 budget, taking only a small bite from the burgeoning federal deficit but hitting a milestone in Republican efforts to slow the growth of government spending.

“The House voted 260-167 for the measure. The Senate followed soon after, voting 81-19 for the deal.

“The bill, which is the biggest fiscal measure to pass Congress since voters elected a politically divided government last year, was passed with bipartisan majorities in both chambers that overrode conservative complaints that it didn’t make enough spending cuts. Liberals said the deal cut too much from social programs for the needy.”

(more…)

Posted by Keith Good • April, 15, 2011 • 4:33 am