Posts Tagged ‘Democratic’

DEVELOPING: Congressional leaders, with barely an hour to go before a federal government, announced late Friday night they had reached a deal to fund the government through the end of the fiscal year.

House Speaker John Boehner, speaking briefly to reporters after talks had concluded, said the plan was to pass one last short-term spending resolution Friday night to buy lawmakers the time needed to prepare and pass the final budget bill.
Read more: http://www.foxnews.com/politics/2011/04/08/congress-strikes-budget-deal-averts-government-shutdown/#ixzz1IzZzPTyx

 

President Barack Obama in the Oval Office 1/30/09.

President Obama in the Oval Office

President Barack Obama says the economic recovery will stall if Congress can’t agree on spending cuts and avoid a government shutdown.

The current budget expires next Friday. That means lawmakers must OK a new spending plan before the March 4 deadline to keep much of the government from running out of money and closing. The Republican-run House and Democratic-controlled Senate are bickering over how much to cut.

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