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Friday, December 13, 2013

Budget Passed by House Eases Cuts Both Parties Dislike

http://www.bloomberg.com/news/2013-12-13/budget-passed-by-house-eases-cuts-both-parties-dislike.html

The House passed the first bipartisan U.S. budget in four years yesterday, clearing the way for final Senate passage next week to ease $63 billion in spending cuts and avert another government shutdown.
That doesn’t mean lawmakers are excited about it.
The 332-94 vote in the House, where almost equal numbers of Republicans and Democrats voted for the plan, masked deep reluctance about the $1.01 trillion budget accord.
“This agreement is better than the alternative, but it misses a huge opportunity to do what the American people expect us to do, and that is to put this country on a fiscally sustainable path,” said Representative Steny Hoyer of Maryland, the No. 2 House Democrat. 

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